Conor McGregor Advocates for Ireland’s Bitcoin Reserve
In a bold move, former UFC champion Conor McGregor has proposed that Ireland establish a national Bitcoin reserve. This suggestion was made public on May 9, 2025, via a message he posted on X. McGregor believes that by creating a Bitcoin reserve, Ireland can restore financial power to its citizens. As an independent presidential candidate, McGregor aims to shift the focus towards progressive cryptocurrency policies.
McGregor’s Vision for a Bitcoin Reserve
In a detailed blog post, McGregor outlined his aspiration for Ireland to create a strategic Bitcoin reserve. While he did not provide specifics regarding the source or the amount of funding needed, his emphasis was on empowering ordinary people through decentralized finance. He asserted that the core principle of Bitcoin and cryptocurrencies was to return financial autonomy to the masses.
Advertisement Banner
“An Irish Bitcoin strategic reserve will give power to the people’s money.”
To further discuss his vision, McGregor announced plans to co-host a Twitter Space to engage with the public on potential changes in Ireland’s crypto landscape.
Collaborating with Cryptocurrency Experts
McGregor has reached out to notable figures in the cryptocurrency world, inviting them to collaborate with him. He tagged Anthony Pompliano, well-known for hosting The Pomp Podcast, and asked for his insights. Additionally, he reached out to David Bailey, who previously advised former US President Donald Trump on cryptocurrency matters. McGregor’s open invitation for dialogue demonstrates his commitment to refining his proposal through expert engagement.
Political and Regulatory Hurdles
With Ireland’s next presidential election slated for November 11, 2025, following the end of President Michael D. Higgins’ term, McGregor faces several challenges. Establishing a national Bitcoin reserve would necessitate the support of lawmakers and Ireland’s central bank. As a member of the European Union, Ireland’s monetary policy is closely linked to the euro, making unilateral moves towards cryptocurrency reserves more complex.
Furthermore, McGregor’s personal and legal controversies, including a civil court ruling on sexual assault and past investigations for hate speech, could impact his credibility with the electorate.
McGregor’s Cryptocurrency Experience
Despite his current push for a Bitcoin reserve, McGregor has a mixed track record in the crypto arena. In April 2025, he was involved in the Real World Gaming project, which aimed to raise funds through a token presale. However, the initiative fell short, collecting only $392,300 of the $1 million target, resulting in refunds to contributors. This setback highlights the challenges of gaining public support, even with a high-profile figure like McGregor at the helm.
Future Plans and Prospects
McGregor has promised to provide further details about his upcoming X Spaces session soon, though the date remains unconfirmed. It remains to be seen how many experts will join him in this endeavor. While countries like the US, El Salvador, and Bhutan have established Bitcoin reserves, these decisions were made at the highest levels of government. McGregor’s grassroots approach, if successful, would set a precedent in Ireland.
The electorate will ultimately decide whether they trust McGregor, a fighter-turned-politician, to navigate the complexities of financial policy. For now, his proposal for a Bitcoin reserve is in its nascent stage, awaiting further exploration and debate in Ireland’s political landscape.
The Editorial Process at Bitcoinist
At Bitcoinist, our editorial process is dedicated to delivering meticulously researched, accurate, and unbiased content. We adhere to stringent sourcing standards, and each piece undergoes a thorough review by our team of top technology experts and seasoned editors. This rigorous process ensures that we provide our readers with content that maintains high integrity, relevance, and value.
