Bitcoin: Conor McGregor Makes Bold Proposal for Irish Reserve in Presidential Bid
Get ready for some unexpected headlines! Former UFC champion Conor McGregor, now stepping into the political arena with an Ireland presidential bid, is making waves by proposing a national Irish Bitcoin reserve. This move is certainly capturing attention in the world of crypto news.
Conor McGregor Enters the Political Ring with a Bitcoin Proposal
Yes, you read that right. Conor McGregor, known for his prowess in the octagon, is now campaigning for the Irish presidency as an independent candidate. His platform includes significant points on immigration and crime, but his latest announcement has pivoted towards digital assets. He recently took to social media to endorse the concept of Ireland building a strategic Bitcoin reserve. McGregor framed this idea around the original ethos of cryptocurrency, suggesting it could empower the people.
Why an Irish Bitcoin Reserve?
McGregor’s proposal centers on the idea of an Irish Bitcoin reserve giving “power back to the people.” He stated this view on X, promising further details in an upcoming online discussion. This idea, while intriguing, is complex. Establishing a national Bitcoin reserve involves navigating significant financial, regulatory, and logistical hurdles. Currently, only a few countries, like El Salvador and Bhutan, have officially adopted Bitcoin reserves, highlighting the novelty and challenge of such a policy.
The Context of Ireland Presidential Bid
McGregor announced his Ireland presidential bid in late March 2025. The election is scheduled for November 2025. While McGregor enjoys high public recognition, his campaign faces challenges, including scrutiny over past legal issues. His recent visit with former US President Donald Trump at the White House boosted his visibility, but the path to securing the presidency and implementing ambitious policies like a Bitcoin reserve remains steep for an independent candidate.
Bitcoin and Politics: A Growing Trend
The mention of Bitcoin in political campaigns is becoming more common globally. McGregor’s proposal has already drawn interest from prominent figures in the Bitcoin community, including podcaster Anthony Pompliano and David Bailey, an advisor to Donald Trump on crypto matters. McGregor publicly invited these figures to discuss his plans further, indicating a desire to engage with experts on the feasibility and strategy behind his reserve idea.
More Than Just Crypto News: McGregor’s Recent Endeavors
This foray into crypto news isn’t McGregor’s first. Just over a month prior, a crypto project he backed, named REAL, failed to meet its funding goals during a token presale, resulting in refunds for participants. This previous experience adds a layer of context to his current push for a national reserve. While the REAL project was a private venture, a national Bitcoin reserve is a vastly different undertaking, involving state resources and policy.
Conclusion: A Bold Proposal with Challenges Ahead
Conor McGregor’s proposal for an Irish Bitcoin reserve is a significant talking point, merging celebrity, politics, and cryptocurrency. While his Ireland presidential bid brings attention to the idea, the practicalities of establishing such a reserve are substantial. It remains to be seen how seriously this proposal will be considered within the broader political landscape and whether it gains traction with voters and policymakers. Regardless of the outcome, it highlights the increasing presence of Bitcoin and crypto discussions in mainstream political discourse.
