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McGregor & Bukele: Bitcoin Reserve for Ireland?

McGregor & Bukele: Bitcoin Reserve for Ireland?

Cryptocurrency News

Five-time UFC champion Conor McGregor is actively pursuing the establishment of a Strategic Bitcoin Reserve for Ireland. This initiative has led to a meeting with El Salvador’s President Nayib Bukele to explore the possibilities of Bitcoin adoption.

Conor McGregor Meets Nayib Bukele to Discuss Bitcoin

Following his public call for Ireland to create a Bitcoin reserve, McGregor is traveling to El Salvador for discussions with President Bukele at the Bitcoin Nation State Summit. According to a post by journalist Max Keiser, a key agenda item is the feasibility of an Irish Strategic Bitcoin Reserve. This meeting follows McGregor’s prior request for a meeting with President Bukele to discuss Bitcoin accumulation strategies.

Keiser stated, "The nation-state Saylor play can be rolled out in Ireland. This would be TOPIC No.1 at the Bitcoin Nation State Summit between President Bukele and Conor McGregor."

McGregor, a presidential hopeful in Ireland, previously advocated for a Bitcoin reserve, believing it would "give power back to the people."

El Salvador, under President Bukele’s leadership, remains committed to its Bitcoin accumulation strategy, despite IMF opposition. The country continues to acquire approximately one Bitcoin per day.

Beyond Bitcoin: McGregor Explores Other Cryptocurrencies

McGregor’s interest extends beyond Bitcoin. He’s exploring the potential of other cryptocurrencies for enhancing government transparency and accountability. He stated, "I can see lots of transparent and trustless applications within crypto, and I can see an immutable people’s money with Bitcoin."

This has sparked discussion among Bitcoin maximalists and those advocating for broader cryptocurrency adoption. While Cardano founder Charles Hoskinson has proposed a meeting, no concrete plans have been announced. Speculation suggests McGregor may ultimately advocate for a combination of a Bitcoin reserve and a broader digital asset portfolio.

This comes after the recent failure of a Conor McGregor memecoin. However, McGregor’s renewed interest follows a recent rise in cryptocurrency market prices, with Bitcoin approaching new highs.

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