Irish celebrity Conor McGregor has thrown his weight behind a proposition to establish a Bitcoin reserve, igniting discussions about the asset’s potential as a national currency. His public call on May 10th, 2025, aligns with growing global interest in cryptocurrencies as potential sovereign assets. McGregor, known for his outspoken nature, believes decentralized currencies like Bitcoin will empower individuals and criticized traditional financial systems. He elaborated during a Twitter space session about the importance of decentralization and its potential impact on Ireland’s economy. Following McGregor’s announcement, the Bitcoin price surged by 3.2% – a significant indication of increased market interest. This proposal sparked discussions within financial and political circles, leading to stock fluctuations in companies like MicroStrategy. The initiative follows El Salvador’s pioneering move towards incorporating Bitcoin as legal tender in 2021, prompting other nations to explore similar strategies amid rising inflation concerns. While experts remain divided on the potential outcomes of such a strategy, the debate highlights an emerging interest among countries to consider Bitcoin as a reserve currency.