So Conor McGregor is tossing his hat into Ireland’s presidential race with the bold idea of a national Bitcoin reserve—claiming it’ll “put power back in the hands of the people.” He’s lined up crypto heavyweights like Anthony Pompliano and Trump advisor David Bailey to hash out the plan on X Spaces. It’s certainly eye-catching, but is it a visionary move or just a flashy stunt?
On the plus side, having a high-profile figure like McGregor champion Bitcoin at the state level could spark serious conversation about digital assets in Europe. Ireland following the footsteps of El Salvador and Bhutan? That would be a seismic shift, and it might encourage other countries to consider similar strategies.
But let’s not forget the baggage: McGregor’s dealing with legal controversies, and his REAL token presale flop leaves a question mark over his crypto cred. If he can’t get a simple token sale off the ground, is he really the guy to steer a nation’s financial policy?
At the end of the day, this could be a net positive—any mainstream chatter about Bitcoin is usually bullish in the long run. But if it fizzles out or gets mired in scandal, it might do more harm than good. Either way, buckle up for a wild ride in Irish politics and crypto headlines!