Former UFC champion Conor McGregor proposed that Ireland build a national reserve for Bitcoin. He called in a message posted to X on May 9, 2025, doing so “empowers people’s money.” He is competing for the presidency as an independent candidate and wants to draw attention to crypto policy.
McGregor’s Bitcoin proposal
In his blog post, Ireland should have a Bitcoin reserve in strategic reserves. He didn’t specify where the funds would come from or how much it would cost. He said the reserve would return strength to the hands of the public. He further stated that “the code of its origin was established to empower people.” That phrase resonates with the very premise of Bitcoin and decentralization.
The code of origin of ITS was established to empower people.
Ireland’s Bitcoin Strategic Reserve empowers people’s money.
We’re co-hosting a Twitter space to discuss what we want to see.
Winning over Ireland! 🇮🇪
– Conor McGregor (@thenotoriousmma) May 9, 2025
Reach out to the cryptography leader
According to the report, McGregor invited experts to work with him. He tagged Anthony Pompliano, host of Pompador, and requested feedback. He also contacted David Bailey. David Bailey contacted an expert who consulted former US President Donald Trump about the Crypto issue. In his response, McGregor stated, “Let’s message me and talk about my space” and “Let’s message David, let’s talk about your ideas!” His idea is to conduct an X-space session to develop the details.
Political and legal challenges
Ireland must hold its next presidential election by November 11, 2025, when President Michael D. Higgins’ term ends. The initiative to establish a Bitcoin Reserve will require support from lawmakers and central banks. As Ireland is a member of the European Union, its monetary policy is related to the euro. A candidate for a small independent party is unlikely to get a coalition for this concept.
Additionally, McGregor challenges the civil court’s decision that ruled the charges of sexual assault. He was also previously investigated on hate speech charges. These factors can undermine his credibility with voters.
Irish politicians thoroughly reject Conor McGregor’s presidential bid https://t.co/irxi4kyoyk
– Sky News (@skynews) March 30, 2025
Cryptograph achievements
McGregor is not inexperienced in crypto projects, but his previous attempts have not worked. In early April 2025, the Real World Gaming team held a 28-hour pre-selling sale of a token named Real. They wanted to raise at least $1 million. They only raised about $392,300 and refunded all the buyers. That flop shows how challenging it can be to have people support you, even if you have a celebrity name.
Next steps and Outlook
McGregor says he will reveal more about his X-space session in the future. He has not specified a date yet. It is unclear how many experts will accept his offer. The governments that established Bitcoin reserves are the US, El Salvador and Bhutan, but these actions came from the highest government authorities.
The grassroots initiative by one candidate is unique in Ireland. Voters decide whether fighter-turned-politicians want to handle complex monetary policies. For now, McGregor’s plans are in the idea stage and are waiting to be tested in the political field.
Getty Images Featured Images, TradingView Chart
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