Former UFC champion Conor McGregor, now a political candidate in Ireland, has proposed the establishment of a Bitcoin reserve in the country to empower the people financially. McGregor expressed his support for the idea on social media platform X, emphasizing the original intention of cryptocurrency to give power back to individuals. He plans to elaborate on his proposal in an upcoming X spaces discussion. The announcement sparked interest from key figures in the Bitcoin industry, including Anthony Pompliano and David Bailey, a crypto advisor to US President Donald Trump. McGregor, who declared his candidacy for the Irish presidency, aims to address issues such as anti-immigration policies and crime. The next presidential election in Ireland is scheduled for November 11, 2025. Establishing a Bitcoin reserve, especially by an independent party, presents a significant challenge. While some countries like the US, El Salvador, and Bhutan have established Bitcoin reserves, McGregor’s proposal is unique. Despite his recent legal issues, including a civil case for sexual assault and investigations for hate speech crimes, McGregor’s push for a Bitcoin reserve signifies his ongoing involvement in the crypto space. McGregor’s previous crypto project, the REAL token, failed to attract sufficient funding in a pre-sale, leading to a full refund for investors. Real World Gaming, the team behind the project, fell short of the $1 million minimum target, raising only $392,315. McGregor’s proposal for a Bitcoin reserve comes amidst his efforts to remain relevant in the crypto industry following his failed token launch.
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