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Cryptocurrency News Articles

Former UFC champ Conor McGregor weighs in on cryptocurrencies and their role in ensuring government accountability

May 12, 2025 at 03:47 pm

input: Former UFC champ Conor McGregor weighs in on cryptocurrencies and their role in ensuring government accountability, calling Bitcoin an ‘immutable’ currency for the people.

Former UFC champ Conor McGregor weighs in on cryptocurrencies and their role in ensuring government accountability

Former UFC champ Conor McGregor has sparked a discussion on X about cryptocurrencies and their role in ensuring government accountability.

On May 12, the self-proclaimed future Irish presidential candidate and mixed martial artist asked users about Bitcoin (BTC) and other cryptos. In his recent post, Conor McGregor reflected on the benefits of cryptocurrency and the large potential posed by Bitcoin.

“Bitcoin or cryptocurrency? I can see lots of transparent and trustless applications within crypto. And I can see an immutable people’s money with Bitcoin,” said McGregor.

In the end, the UFC star asked X users which crypto they could use to bring government accountability. His question drew responses from some of the crypto industry’s leading figures, including Cardano (ADA) founder Charles Hoskinson and Bitcoin Treasury solution Orqestra co-founder Stephen Cole.

“Let’s chat,” said Hoskinson to McGregor in a comment under his Bitcoin post.

Meanwhile, Cole alleged that Bitcoin was the best choice among all other kinds of crypto. He regarded Bitcoin as “the only one socially decentralized enough to resist pressures,” compared to other tokens in the space.

“Cryptocurrencies are much more like companies than commodities. Even if they claim to be ‘decentralized’, there’s usually a small group of influential people who get rich if you buy in and who can change the rules of the supply if they try hard enough,” said Cole in his comment.

Conor McGregor as a pro-crypto president?

In March 2025, Conor McGregor declared his intention to run for president in the upcoming Irish elections. Ireland’s presidential election is set to take place in November 2025.

A figurehead of the far-right movement in Ireland, McGregor’s political leanings seem to be in line with Donald Trump’s. Earlier this year, he had appeared at the White House with President Trump on St. Patrick’s Day, where he became the latest European ally of the U.S. president in promoting anti-immigrant sentiment and policies.

Therefore, it is possible that McGregor will also adopt a crypto-friendly approach in his administration if he does get elected president. In fact, similar to Trump, the UFC champ has previously embarked on his own meme coin venture in early April. However, it ended up becoming a flop.

On April 7, Conor McGregor launched his official meme coin, REAL, which fell 61% below its $1 million minimum pre-sale bid target. As a result, the project was paused, and all presale bids were refunded.

At press time, the website for REAL has declared that it would relaunch the token “soon.” Users can register to be notified by providing their email address and X handle.

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Other articles published on May 12, 2025