Ex-UFC champion Conor McGregor has suggested Ireland construct a national reserve of Bitcoin.

He called on May 9, 2025, in a message posted on X that doing so would give “power back to the people’s money.”

Ex-UFC champion Conor McGregor has suggested that Ireland should form a national reserve of Bitcoin. He made the proposal on May 9, 2025, in a message on X.

“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. I will be co-hosting a Twitter space to talk about what I want to see changed. Victory to Ireland!” McGregor wrote in part.

He said that doing so would give “power back to the people’s money.” McGregor is running for president as an independent candidate and wants to highlight crypto in his campaign.

McGregor’s Bitcoin Proposal

In his post, McGregor said that Ireland should have a reserve of Bitcoin, similar to how a country might hold gold in a strategic reserve. He did not say where the funding for such a Bitcoin reserve would come from, or how much it would cost. But he said that a reserve would put power in the hands of common citizens.

“Crypto in its origin was founded to give power back to the people. That phrase resonates with the very premise of Bitcoin and decentralization,” McGregor said.

He invited experts to collaborate with him. McGregor tagged Anthony Pompliano, host of The Pomp Podcast, and asked for his thoughts. He also reached out to David Bailey, an expert who advised former US President Donald Trump on crypto matters.

In his responses, McGregor said: “Message me and let’s talk on my space.” And to David, he said: “David message me, let’s talk about your ideas!” His plan is to hold an X Spaces session to develop the details further.

Political And Legal Challenges

Ireland is due to hold its next presidential election by November 11, 2025, when President Michael D. Higgins’ term ends. Any initiative to create a Bitcoin reserve would need the support of lawmakers and the central bank.

Ireland is a member of the European Union, so its monetary policy is linked to the euro. A candidate from a small party who is independent has slim chances of getting a coalition for this notion.

Moreover, McGregor is contesting a civil court ruling that found him guilty of sexual assault. He was also investigated for hate speech offenses earlier this year. These factors could affect his standing with voters.

Earlier this year, Irish politicians reacted negatively to the prospect of the mixed martial arts (MMA) champion becoming president. Several politicians from across the political spectrum expressed skepticism toward McGregor’s candidacy.

The former UFC champion announced his plans to run for president of Ireland earlier this year. He is running as an independent candidate.

McGregor’s Track Record In Crypto

McGregor is no stranger to crypto projects, but his previous attempt did not go as planned. In early April 2025, the Real World Gaming team had a 28-hour window for the presale of a token named REAL.

They aimed to raise at least $1 million, but ultimately, they fell short, managing to raise only around $392,300. Consequently, they decided to cancel the token sale and fully refunded buyers.

This flop highlights the difficulty of securing widespread support for a project, even with a celebrity name attached.

Next Steps And Outlook

McGregor says he will reveal more about his X Spaces session in due course. He has not yet set a date for the session. It remains to be seen how many experts will accept his offer to join the discussion.

The U.S., El Salvador, and Bhutan are among the countries that have created Bitcoin reserves, but those actions were initiated by the highest government authorities. A grassroots initiative by one candidate would be unique in the Irish political landscape.

Voters will decide whether they want a fighter-turned-politician handling the complex financial policies of the nation. For now, McGregor’s plan remains in the idea stage, awaiting the scrutiny of the political arena.

News data source: kdj.com

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