Former UFC champion and self-declared future Irish presidential hopeful Conor McGregor took to X on May 11 to ignite a conversation around Bitcoin and the broader world of cryptocurrencies. In his post, McGregor reflected on the growing significance of digital assets, emphasizing Bitcoin’s role as a potential tool for public empowerment and a check on government authority.
He described Bitcoin as an “immutable” currency created for the people, highlighting its appeal in a climate of increasing demand for financial transparency and accountability.
“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,”
McGregor wrote, signalling a deeper engagement with the potential of decentralized finance to shape political and economic futures.
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.
What cryptos can help bring accountability to a government? Why??
— Conor McGregor (@TheNotoriousMMA) May 11, 2025
To further the dialogue, McGregor asked his followers which cryptocurrencies they believed could play a meaningful role in holding governments accountable. The post quickly gained traction across the platform, drawing responses from leading figures in the crypto industry. Among them were Cardano founder Charles Hoskinson and Orqestra co-founder Stephen Cole, both of whom weighed in with their perspectives on blockchain’s role in fostering civic trust and transparency.
Hoskinson responded with a brief but direct invitation to collaborate, commenting, “Let’s chat,”
In contrast, Cole offered a more pointed analysis. He asserted that Bitcoin remains the strongest contender among all digital currencies due to its unique decentralization model. “Bitcoin is the only one socially decentralized enough to resist pressures,” he said, arguing that its resilience and inability to be easily influenced or altered make it the most viable tool for ensuring accountability.
Bitcoin, not crypto.
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.…
— Stephen Cole (@sthenc) May 12, 2025
Meanwhile, in a related development in Ireland’s crypto landscape, HashKey Europe, the European division of Hong Kong-based cryptocurrency exchange HashKey, announced on January 7 that it has secured a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland. This strategic move marks the company’s deeper expansion into the European market.
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