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Conor McGregor Proposes National Bitcoin Reserve for Ireland

Coin WorldSaturday, May 10, 2025 8:31 pm ET
1min read

Former UFC champion Conor McGregor, who is now running for the Irish presidency, has proposed the creation of a national Bitcoin reserve as part of his campaign platform. McGregor, who announced his independent candidacy in late March 2025, has centered his campaign on anti-immigration policies and combating crime. His proposal for a Bitcoin reserve aims to give more power back to the people by leveraging the decentralized nature of cryptocurrency.

McGregor took to X on May 9 to share his vision, stating, “Crypto in its origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money.” This announcement sparked responses from prominent figures in the Bitcoin industry, including Anthony Pompliano, host of The Pomp Podcast, and David Bailey, a crypto advisor to former US President Donald Trump. McGregor invited these individuals to discuss their ideas further, indicating his seriousness about the proposal.

The establishment of a Bitcoin reserve is a complex endeavor, especially for a minor, independent party. To date, only a few countries, including the US, el Salvador, and Bhutan, have successfully implemented such reserves. McGregor's political visibility has recently been boosted by a trip to the White House, where he met with Trump and received his support. However, McGregor faces significant scrutiny in Ireland, having been found guilty of sexual assault in a civil case, a conviction he has since appealed, and previously being investigated for hate speech crimes.

McGregor's push for a Bitcoin reserve comes after the failure of his previous crypto endeavor, the McGregor-backed REAL project. The project, led by Real World Gaming, failed to attract sufficient funding during its token launch pre-sale, raising only $392,315 over a 28-hour period, far short of the $1 million minimum requirement. This setback highlights the challenges McGregor may face in implementing his Bitcoin reserve proposal.

Despite these challenges, McGregor's proposal to create a national Bitcoin reserve is a bold move that could potentially reshape Ireland's financial landscape. By leveraging the decentralized nature of cryptocurrency, McGregor aims to give more power back to the people, aligning with the original vision of crypto. However, the success of this proposal will depend on McGregor's ability to navigate the complex regulatory environment and gain the support of the Irish people.

Ask Aime: Can Conor McGregor's Bitcoin reserve proposal reshape Ireland's financial landscape?

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Roneffect
05/11
Real project flop hurts, but politics is different BALL game. He needs to step up his crypto diplomacy. 🚀
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ghostboo77
05/11
Meeting Trump and pumping his campaign is clever. He needs all the allies he can get in this arena.
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Lukedf9
05/11
@ghostboo77 Meeting Trump? Big move. He needs all the help he can get, for sure.
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RiPFrozone
05/11
@ghostboo77 Pumping Trump, smart move. Trump's backing helps.
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StrangeRemark
05/11
Anti-immigration stance might hurt his crypto play though. Diverse teams handle crypto better, just saying. 🤔
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Sam__93__
05/11
McGregor's Bitcoin move could be a game-changer if he plays his cards right. Big if for Ireland if it works out.
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RunningOftimeout
05/11
@Sam__93__ Do you think it'll pump Ireland's crypto scene?
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NoTearsNowOnlyDreams
05/11
McGregor's Bitcoin move: bold or desperate? 🤔
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solidpaddy74
05/11
Politics and crypto mix like oil and water.
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liano
05/11
Crypto and UFC might seem far off, but both are about taking risks and adapting fast. McGregor knows that grind.
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Plus_Seesaw2023
05/11
@liano True, both crypto & UFC demand quick reflexes.
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AkibaSok
05/11
Decentralized power to the people? Sounds dope, but regulatory hurdles are no joke. Good luck with that, Conor.
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haarp1
05/11
Holding some BTC, ETH for diversity. Not betting the farm, but riding the waves. Diversification is key, folks.
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InjuryIll2998
05/11
Decentralized power? More like power grab, bro.
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CantaloupeWarm1524
05/11
Gotta diversify, holding $BTC and $ETH here
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Really_Schruted_It
05/11
Only time will tell if McGregor's crypto dreams fly high or crash and burn. One eye on the prize, the other on the clock.
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TheOSU87
05/11
Bitcoin reserve could pump Irish crypto game.
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Booknerdworm
05/11
McGregor's Bitcoin move could be a game-changer if he plays his cards right. Big if for Ireland if it works out.
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Puzzleheadbrisket
05/11
REAL project flop hurts his cred, no cap.
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