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Home Market Research Cryptocurrency

Conor McGregor To Discuss An Irish Strategic Bitcoin Reserve With El Salvador’s Nayib Bukele

by TheAdviserMagazine
6 months ago
in Cryptocurrency
Reading Time: 3 mins read
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Conor McGregor To Discuss An Irish Strategic Bitcoin Reserve With El Salvador’s Nayib Bukele
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Five-time UFC champion Conor McGregor is neck-deep in the push for a Strategic Bitcoin Reserve for Ireland. This time, the presidential aspirant has earned a sit-down with El Salvador’s Nayib Bukele to explore the possibilities.

Conor McGregor Will Discuss A Strategic Bitcoin Reserve With Nayib Bukele

Hours after urging the Irish government to establish a Strategic Bitcoin Reserve, Conor McGregor is headed to El Salvador for a high-level meeting with President Nayib Bukele. According to an X post by American journalist Max Keiser, President Bukele and Conor McGregor are set for a meeting revolving around Bitcoin adoption.

Keiser notes that the meeting will take place at the Bitcoin Nation State Summit, with an Irish Strategic Bitcoin Reserve a key agenda item. The confirmation follows McGregor’s previous request for a meeting with El Salvador’s president over a Bitcoin accumulation strategy.

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

McGregor, a presidential aspirant in Ireland’s upcoming polls, has previously urged the government to adopt a Bitcoin Strategic Reserve. In his submission, the UFC champion notes that a BTC reserve will “give power back to the people.”

El Salvador’s President Nayib Bukele has shown strong resolve in sticking to a national Bitcoin accumulation strategy. Despite an IMF embargo against using public funds to buy Bitcoin, El Salvador is doubling down to acquire one BTC per day.

UFC Champ Sees Potential In Other Cryptocurrencies

Apart from confirming a keen interest in a Strategic Bitcoin Reserve, Conor McGregor has his sights on other cryptocurrencies. The UFC champion is considering trustless and transparent applications of cryptocurrencies to improve government processes.

“I can see lots of transparent and trustless applications within crypto,” said McGregor. “And I cand see an immutable people’s money with Bitcoin.”

However, his plan revolves around achieving government accountability with the post sparking debates between Bitcoin maxis and crypto pluralists. Cardano founder Charles Hoskinson has reached out to set up a meeting, but at press time, nothing concrete has materialized.

There is growing speculation that McGregor will settle for a Strategic Bitcoin Reserve and a Digital Asset Stockpile of select cryptocurrencies.

Barely a month ago, a Conor McGregor memecoin flopped upon launch, joining a growing pile of failed celebrity tokens. However, recent comments follow a rise in cryptocurrency market prices, with BTC inching toward a new all-time high.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.



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Tags: BitcoinBukeleConordiscussIrishMcGregorNayibReserveSalvadorsStrategic
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