The strategy aims to reduce economic corruption and boost sovereignty. Panama – The El Salvador Alliance promotes regional Bitcoin leadership. The US Bank Report highlights CRE stress and updates Bitcoin’s safe shelter.
As Ireland is working to seek deeper financial reforms, bold new proposals are emerging from one of the most recognised public figures in the country.
The hopeful Conor McGregor of UFC Legend and the 2025 President, proposed establishing a national Bitcoin strategic reserve to empower the Irish people and help eliminate economic corruption.
His plans are inspired by El Salvador’s approach. There, President Naive Bukere made Bitcoin the legal currency, significantly changing the country’s economic trajectory.
Now, McGregor wants Ireland to build a similar path. It uses decentralized funds to strengthen the country’s autonomy and reduce its reliance on the centralized banking system.
McGregor’s strategy is drawn from the Bitcoin model in El Salvador
McGregor announced his presidential ambitions in March 2025 just before he came up with the idea for a Bitcoin-based spare system for Ireland.
Posting on X, he praised President Bukere’s success in El Salvador, noting that Bitcoin adoption played a major role in reducing corruption and crime.
McGregor’s proposal goes beyond investing in digital assets. It proposes placing Bitcoin as a fundamental pillar of national monetary policy.
Comparison with Bukere is intentional. Bukele’s government was the first government in the world to declare Bitcoin fiat currency backed by nationwide wallet deployment and state-controlled reserves.
It’s not without critics, but the initiative has attracted global attention.
McGregor believes this model can support Ireland’s more transparent financial system.
Social Media and subsequent reactions
The idea sparked extensive online debate. Some praised McGregor’s advanced stance, while others especially criticised the reference to “crypto” instead of Bitcoin.
The distinction was not lost in Bitcoin Maximialists who argued that the reliability of this proposal focused on Bitcoin’s unique diversity qualities rather than broader digital assets.
Despite the arguments of the terminology, McGregor’s interest in the plan has been growing, and his call to lead the Bucquere to Ireland has gained traction.
McGregor’s campaign team has not yet released a detailed policy document, but insiders say there is an ongoing talk to explore feasibility and integration with Ireland’s existing financial framework.
Analysts point out that the move towards incorporating Bitcoin into their sovereign wealth strategy will require legislative support, regulatory clarity and public trust.
Global momentum will be built as LATAM plans to strengthen Bitcoin adoption
Ireland is not the only country contemplating the more important role of Bitcoin.
At a Bitcoin Conference held earlier this month, Mayor Mizrachi, the mayor of Panama City, proposed a regional Bitcoin Alliance between Panama and El Salvador.
The proposal highlights wider changes to bitcoin-driven economic reforms in some Latin America, particularly in historic countries affected by currency instability or corruption.
Mizurach called the proposed alliance “promoting global financial freedom,” further boosting Bitcoin’s geopolitical narrative.
This trend could increase pressure on developed countries like Ireland, and could rethink the current attitude on cryptocurrencies and financial blockchain integration.
