UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking renewed debate about the country’s financial future and the role of digital assets in its national policy.
“Crypto in its origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money. I will be cohosting a Twitter space to talk about what I want to see changed. Victory to Ireland!”
McGregor throwing his significant weight behind such a policy brings a conversation usually reserved for crypto enthusiasts and policymakers into the mainstream. By framing Bitcoin as a way to empower ordinary Irish citizens, he’s elevating the topic to the broader public. His announcement of a Twitter Space on it shows his intent to keep the conversation going and potentially influence decision-makers at a key time for digital asset adoption in Europe.
The concept of a strategic Bitcoin reserve is nothing new, but it remains largely controversial and untested among established economies. In this context, a strategic reserve refers to a government or institution intentionally holding Bitcoin as part of its national reserves alongside traditional assets like gold and foreign currency.
Ireland would not be the first country to consider such a move. El Salvador made headlines in 2021 as the first nation to adopt Bitcoin as legal tender and to add it to its national reserves, and other countries have begun to explore the idea.
Conor McGregor’s involvement could be a game-changer for the Irish debate. As one of Ireland’s most recognizable global figures, McGregor has a track record of using his platform to advocate for causes he believes in, from athlete rights to business innovation. His interest in an Irish Bitcoin strategic reserve could catch the public’s imagination and put pressure on policymakers to consider such a move.
