Conor McGregor, Max Keiser Urge Ireland to Adopt Bitcoin Reserve
1min read Conor McGregor, the renowned UFC fighter, has called for the Irish government to establish a national Bitcoin strategic reserve. This move aims to empower the people by giving them control over their money. McGregor, an Irish national, has urged Max Keiser and el Salvadoran President Nayib Bukele to organize a meeting to discuss this initiative, which could potentially benefit Ireland by adopting Bitcoin.
Max Keiser, a prominent Bitcoin advocate, has been instrumental in El Salvador's adoption of Bitcoin. His profile features a picture of himself, his wife Stacy Herbert, Michael Saylor of microstrategy, and Nayib Bukele. Keiser has joined McGregor in highlighting financial corruption in Ireland, which he exposed in a 2023 report. Keiser reaffirmed his stance on the matter, emphasizing the need for Ireland to allocate its sovereign wealth fund, estimated at around 114 billion Euros, into Bitcoin.
Keiser believes that by creating an Irish Bitcoin Strategic Reserve Fund, Ireland can avoid financial ruin and ensure long-term economic independence. He argues that holding anything other than Bitcoin is mathematically guaranteed to lose purchasing power against it, which could make Ireland less relevant compared to other countries adopting a Bitcoin standard. Keiser also warned that sidestepping Bitcoin could see Ireland lag behind other nations that are increasingly embracing the cryptocurrency.
Ask Aime: What's the impact of Conor McGregor's call for a national Bitcoin reserve in Ireland? Can Ireland avoid financial ruin by adopting Bitcoin?
McGregor and Keiser aim to replicate what El Salvador has done by creating a strategic Bitcoin reserve. This reserve would help eliminate financial corruption in Ireland through efficient systems. The general sentiment is that such a move could guarantee long-term economic independence for Ireland, similar to how El Salvador has benefited from its Bitcoin adoption.
