Conor McGregor Advocates for Bitcoin as Ireland’s Strategic Reserve
In recent months, the conversation around incorporating Bitcoin and other digital currencies into government reserves has accelerated, not just in the U.S. but worldwide. One of the latest voices in this evolving narrative is UFC superstar Conor McGregor, who recently urged the Irish government to establish a Bitcoin strategic reserve. McGregor’s strong endorsement highlights a growing movement aimed at returning financial control to citizens and elevating the conversation about cryptocurrency’s role in national economies.
McGregor took to social media platform X to propose this strategic reserve, stating that "Crypto in its origin was founded to give power back to the people." He emphasized how a dedicated Bitcoin reserve could empower citizens financially. Alongside this proposal, McGregor announced plans to cohost a Twitter Space to discuss his vision for Ireland’s crypto future, showcasing a personal commitment to the cause. His rallying cry, "Victory to Ireland!" encapsulates a broader vision for financial independence and innovation through Bitcoin.
The push for a Bitcoin reserve is gaining traction globally, particularly in European nations like Germany and Switzerland, which have already integrated Bitcoin into their national asset strategies. McGregor’s recent entry into this arena illuminates a burgeoning celebrity influence that could help shape public support for state-level Bitcoin initiatives. As financial discussions in Ireland increasingly touch on themes of independence and accessibility, McGregor’s involvement serves to elevate the profile of cryptocurrency in political dialogues, igniting curiosity and engagement.
While some critics question whether McGregor’s proposal will lead to tangible policy changes, his platform is impossible to ignore. His tweet garnered over 735,000 views within 12 hours, effectively pulling Bitcoin back into Ireland’s political discussions. However, government officials have yet to respond to his call, leaving the potential impact of his statement uncertain. Nonetheless, the visibility that McGregor brings to Bitcoin issues may galvanize supporters and policymakers alike in the ongoing discourse surrounding financial technology.
In the past, Conor McGregor also ventured into the world of cryptocurrency with the launch of a meme coin named REAL. Unfortunately, this project struggled to gain traction and quickly lost momentum, raising skepticism about the viability of celebrity-backed cryptocurrencies. The failures of such projects, including Donald Trump’s coin, highlight the challenges that come with promoting tokens based purely on celebrity influence. Despite this, meme coins have demonstrated a certain resilience, achieving a combined market capitalization of approximately $59.73 billion as of May 2025, suggesting enduring interest in this speculative segment of the crypto market.
As debates on cryptocurrency progress, McGregor’s voices serve to deepen public awareness and interest. Although questions remain about the practicality and efficacy of his proposals, the reality is that conversations initiated by influential figures can pave the way for broader acceptance and integration of cryptocurrency at a national level. The intersection of celebrity influence and cryptocurrency may well become a powerful catalyst for change, not just in Ireland but across the globe. As more discussions unfold, it will be intriguing to observe how McGregor’s push aligns with or influences existing governmental strategies toward adopting Bitcoin and fostering a digital asset-friendly environment.