Trusty editorial content, checked by leading industry experts and experienced editors. AD -open
The ex-UFC champion Conor McGregor has proposed Ireland to construct a national reserve from Bitcoin. On May 9, 2025, he called in a message that was published on X that this could give “power back the cash of the people”. He denies the presidency as an independent candidate and desires to attract attention to the crypto directive.
McGregor's Bitcoin proposal
In his blog post, Ireland must have a Bitcoin reserve in a strategic reserve. He didn’t state where the financing would arise or how much it might cost. He just said that a reserve would bring power back into the hands of the odd residents. He also mentioned that “crypto was founded in its origin to provide people back.” This sentence resonates with the premise of Bitcoin and decentralization.
Krypto was founded in its origin to provide people back.
An Irish Bitcoin Strategic Reserve gives the people's money.
I’ll work together a Twitter room to speak about what I need to see.
Victory in Ireland! 🇮🇪
– Conor McGregor (@thenotoriousmma) May 9, 2025
Reach crypto leader
According to reports, McGregor invited experts to work with him. He marked Anthony Pompliano, moderator of the Pomp Podcast, and requested feedback. He also contacted David Bailey, an authority who consulted the previous US President Donald Trump in Krypto questions. In his answers, McGregor said: “Message to me and let's speak about my room” and “David message to me, let's speak about your ideas!” His idea is to perform an X Spaces meeting to develop details.
Political and legal challenges
Ireland must perform its next presidential elections by November 11, 2025 when President Michael D. Higgins ends the term. Each initiative for establishing a Bitcoin reserve would require support from the legislators and the central bank. Ireland is a member of the European Union, so his monetary policy is related to the euro. A candidate of a small party who’s independent has slim probabilities of receiving a coalition for this term.
BTC now acts at USD 104,529. Diagram: Tradingview
In addition, McGregor denies a call by the civil court that made him guilty of sexual assault. He was previously examined for hate speeches. These aspects can damage his credibility among the many voters.
Irish politicians reject Conor McGregor's presidential offer throughout from https://t.co/irxi4kyoyk
– Sky News (@Skynews) March 30, 2025
Success record in Crypto
McGregor is just not inexperienced in crypto projects, but his previous attempt didn’t work. At the start of April 2025, the actual gaming team carried out a 28-hour pre-sale of a token called Real. They wanted to gather at the very least $ 1 million. They only collected around 392,300 US dollars and reimbursed all buyers. This flop shows how difficult it’s to get people to support them, even with a celeb name.
Next steps and Outlook
McGregor says he’ll reveal more about his X Spaces meeting sooner or later. He has not yet given a date. It is just not known what number of experts will accept its offer. Governments which have arrange Bitcoin reserves are the USA, El Salvador and Bhutan, but these measures got here from the very best government agencies.
A basic initiative of a candidate can be unique in Ireland. The voters will determine whether or not they have a fighter politician who deals with a fancy financial policy. McGregor's plan stays in the thought phase and is waiting to be tested within the political arena.
Selected picture of Getty Images, Diagram by Tradingview
Editorial process Because Bitcoinist focuses on delivering thoroughly researched, accurate and impartial content. We comply with strict procurement standards and every page is diligently checked by our team of top technology experts and experienced editors. This process ensures the integrity, relevance and the worth of our content for our readers.