Former UFC champion Conor McGregor not only ran for Irish president, but also called for Bitcoin strategic reserves

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ABMedia
05-12
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Former UFC Champion Conor McGregor announced his candidacy for the Irish Presidency in March 2025 and on 5/10 called on Twitter (X) to establish an "Irish BTC Strategic Reserve", emphasizing the goal to "return power to the people".

From Fighting to Politics: Conor's Transformation Path

Former UFC double-weight champion Conor announced his independent candidacy for the Irish Presidency in March this year, with his main platform focusing on combating illegal immigration and crime.

On 3/17, Conor was invited by Trump to the White House for St. Patrick's Day activities and received Trump's support during the meeting. Conor stated that Ireland has lost its "national identity" and emphasized the rampant illegal immigration in his country.

These remarks drew condemnation from the Irish Prime Minister and many political figures, who argued that his statements do not represent the entire of Ireland.

Not Only Combating Crime and Illegal Immigration, but Also Establishing BTC Reserve

On 5/10, Conor called on Twitter (X) to establish an Irish BTC Strategic Reserve to grant people more financial autonomy.

He invited well-known investors Anthony Pompliano and Trump's crypto advisor David Bailey and other prominent crypto personalities to participate in discussions, and plans to elaborate on the plan in the Twitter (X) discussion area.

Past Crypto Project REAL's Major Failure

Conor previously participated in the crypto project "REAL" and conducted a token pre-sale in early April, targeting to raise $1 million, but ultimately only raised around $390,000 and failed to meet the standard, with all investors receiving a full refund.

Controversial Presidential Candidate

Conor's path to candidacy has not been smooth, having been accused of sexual assault in a civil case and filed an appeal. Additionally, he was investigated for alleged hate speech, though ultimately not prosecuted, but still drawing social attention.

Feasibility and Challenges of BTC Reserve

Currently, only a few countries like the United States, El Salvador, and Bhutan have established national BTC reserves. For Ireland, establishing such reserves will face challenges in legal, fiscal, and political aspects. Moreover, whether Conor's political platform can gain mainstream voter support remains to be seen.

According to a poll from April this year:

  • Only 7% of respondents said they would vote for Conor
  • 90% said they would not.

The Irish Presidential election will be held on 11/11 this year, and whether Conor can turn public opinion before then remains uncertain.

(BTC Reserve Corporatized! Ark's Cathie Wood, Strive and Other Institutions Explain Why Buying BTC is the Best Strategy)

Risk Warning

Crypto investment carries high risks, with potentially significant price volatility, and you may lose all your principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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