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Your Crypto News Today > News > Crypto > Bitcoin > McGregor For President? With Bitcoin In His Corner, Anything’s Possible
Bitcoin

McGregor For President? With Bitcoin In His Corner, Anything’s Possible

May 12, 2025 4 Min Read
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Table of Contents

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  • McGregor’s Bitcoin Proposal
  • Reaching Out To Crypto Leaders

Ex-UFC champion Conor McGregor has recommended Eire assemble a nationwide reserve of Bitcoin. He referred to as on Might 9, 2025, in a message posted on X that doing so would give “energy again to the folks’s cash.” He’s contesting the presidency as an impartial candidate and want to flip consideration towards crypto coverage.

McGregor’s Bitcoin Proposal

In his weblog publish, Eire must have a reserve of Bitcoin in a strategic reserve. He didn’t specify the place the funding would originate or how a lot it could value. He simply stated {that a} reserve would put energy again into the arms of frequent residents. He additional talked about that “crypto in its origin was based to provide energy again to the folks.” That phrase resonates with the very premise of Bitcoin and decentralization.

Crypto in it’s origin was based to provide energy again to the folks.

An Irish Bitcoin strategic reserve will give energy to the folks’s cash.

I shall be cohosting a Twitter area to speak about what I wish to see modified.

Victory to Eire! 🇮🇪

— Conor McGregor (@TheNotoriousMMA) Might 9, 2025

Reaching Out To Crypto Leaders

In line with reviews, McGregor invited consultants to collaborate with him. He tagged Anthony Pompliano, host of The Pomp Podcast, and requested suggestions. He additionally contacted David Bailey, an skilled who consulted former US President Donald Trump on crypto points. In his responses, McGregor said, “Message me and let’s discuss on my area” and “David message me, let’s discuss your concepts!” His concept is to conduct an X Areas session to develop particulars.

Political And Authorized Challenges

Eire is required to conduct its subsequent presidential election by November 11, 2025, when President Michael D. Higgins’ time period ends. Any initiative to determine a Bitcoin reserve would require help from lawmakers and the central financial institution. Eire is a member of the European Union, so its financial coverage is related to the euro. A candidate from a small occasion who’s impartial has slim possibilities of getting a coalition for this notion.

Moreover, McGregor is contesting a civil court docket resolution that dominated him responsible of sexual assault. He’s additionally been investigated on expenses of hate speech earlier than. These components might harm his credibility with the voters.

Irish politicians roundly reject Conor McGregor’s presidential bid https://t.co/irxI4kyoyK

— Sky Information (@SkyNews) March 30, 2025

Monitor File In Crypto

McGregor isn’t inexperienced in crypto tasks, however his earlier try didn’t work out. In early April 2025, the Actual World Gaming group performed a 28-hour presale of a token named REAL. They wished to lift a minimal of $1 million. They solely raised round $392,300 and refunded all consumers. That flop illustrates how difficult it’s to get folks to help you, even with a star title on it.

Subsequent Steps And Outlook

McGregor says he’ll reveal extra about his X Areas session in the end. He hasn’t specified a date but. It’s unknown what number of consultants will settle for his provide. Governments which have established Bitcoin reserves are the US, El Salvador and Bhutan, however these actions got here from the best authorities authorities.

A grassroots initiative by one candidate can be distinctive in Eire. Voters will resolve if they need a fighter-turned-politician dealing with complicated monetary coverage. For now, McGregor’s plan stays on the concept stage, ready to be examined within the political area.

Featured picture from Getty Photographs, chart from TradingView

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