Conor McGregor’s Bitcoin Dreams for Ireland

Conor McGregor, the famous UFC fighter turned Irish political candidate, has expressed his support for creating a Bitcoin reserve in Ireland. The idea behind this reserve is to give more power back to the people, as McGregor believes that cryptocurrency, in its original form, was designed to achieve this goal.

The Concept of a Bitcoin Reserve

A Bitcoin reserve is essentially a fund that holds a certain amount of Bitcoin, which can be used to support the country’s economy and financial system. McGregor thinks that an Irish Bitcoin strategic reserve would be a great way to empower the people and give them more control over their money.

McGregor’s Plans and Discussions

McGregor announced his plans on social media, stating that he would discuss the idea in more detail in an upcoming online space. This prompted responses from prominent leaders in the Bitcoin industry, including Anthony Pompliano, the host of The Pomp Podcast. McGregor invited Pompliano and others to share their ideas and discuss the possibility of creating a Bitcoin reserve in Ireland.

Reactions from Industry Leaders

David Bailey, one of US President Donald Trump’s crypto advisors, also reached out to McGregor to discuss the idea. McGregor responded enthusiastically, inviting Bailey to share his thoughts and ideas. The fact that industry leaders are taking McGregor’s proposal seriously suggests that the idea of a Bitcoin reserve in Ireland may have some merit.

McGregor’s Presidential Campaign

McGregor announced his independent candidacy for the Irish presidency in late March 2025, with a focus on anti-immigration policies and combating crime. While his campaign has been controversial, his proposal for a Bitcoin reserve has sparked interesting discussions about the potential role of cryptocurrency in Ireland’s economy.

Challenges and Precedents

Establishing a Bitcoin reserve would be a significant undertaking, and it’s not clear whether McGregor’s proposal would be feasible. Only a few countries, including the US, El Salvador, and Bhutan, have established Bitcoin reserves to date. Despite these challenges, McGregor’s visibility and influence could help bring attention to the idea and potentially pave the way for future developments.

McGregor’s Crypto Background

McGregor’s push for a Bitcoin reserve comes after his previous crypto endeavor, the REAL project, failed to attract sufficient funding. The project’s token launch pre-sale raised less than half of the minimum required amount, prompting a full refund to all token bidders. Despite this setback, McGregor remains enthusiastic about the potential of cryptocurrency to empower people and create positive change.

Conclusion

Conor McGregor’s proposal for a Bitcoin reserve in Ireland is an intriguing idea that has sparked interesting discussions about the potential role of cryptocurrency in the country’s economy. While there are challenges and uncertainties surrounding the idea, McGregor’s influence and visibility could help bring attention to the concept and potentially pave the way for future developments. As the world of cryptocurrency continues to evolve, it will be interesting to see whether McGregor’s proposal gains traction and whether Ireland will become one of the first countries to establish a Bitcoin reserve.