UFC star-turned-Irish political hopeful Conor McGregor has backed the notion of establishing a Bitcoin reserve in his nation to restore greater “control to the populace.”
“Crypto in it’s origin was founded to give power back to the people. An Irish Bitcoin strategic reserve will give power to the people’s money,” McGregor
wrote
to X on May 9.
The ex-UFC champion mentioned that he will provide further information about his plans in an imminent X platforms, which led to reactions from several key figures within the Bitcoin sector.
“We require exceptional talent for this BTC Reserve project. Send me a message so we can discuss further,” McGregor
said
In reply to Bitcoin enthusiast and host of The Pomp Podcast, Anthony Pompliano.
One of U.S. President Donald Trump’s cryptocurrency advisers,
David Bailey,
also made contact, with whom McGregor
responded:
David messaged me; let’s talk about your concepts!
In late March 2025, McGregor declared his bid as an independent candidate for the position of President of Ireland, focusing his campaign on restrictive immigration measures and tackling criminal activities.
The upcoming Irish presidential election needs to be held by November 11, 2025. This deadline comes into play because the present president, Michael D. Higgins, will finish his term the following day.
Creating a Bitcoin reserve – particularly one initiated by a small, independent entity – would not be an easy task.
Despite
recent regulatory progress,
The USA, El Salvador, and
Bhutan
are among the select nations that have set up a Bitcoin reserve so far.
Related:
The US offers ‘innumerable’ methods to strengthen Bitcoin reserves, says Bo Hines.
McGregor’s political profile has been recently enhanced by a visit to the
White House,
Where he encountered Trump and got his backing.
Nevertheless, McGregor is encountering significant criticism in Ireland after being convicted of
sexual assault
In a civil lawsuit—a ruling he has subsequently challenged through an appeal—he was also formerly under investigation for potential hate speech offenses.
McGregor’s last crypto endeavor failed
McGregor’s push for a Bitcoin reserve comes a little over a month after the McGregor-backed
REAL project
did not manage to secure enough financing during its pre-sale for the token launch,
prompting
A complete reimbursement for all token participants.
The group responsible for the initiative, Real World Gaming,
only raised $392,315
During a 28-hour presale on April 5 and 6, it failed to meet even half of the $1 million target that had been established.
Magazine:
Adam Back asserts that the Bitcoin price cycle will be ’10 times larger’ but insists it will definitely surpass the $100K mark.
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