The Bitcoin Football Club with Peter McCormack & Dominic Frisby

 
 

Where to find the show

Download Episode MP3 File
The file will open in a new window. Click down arrow to download the file.

“Most football clubs stand for one thing, which is winning... we stand for a little bit more, we stand for financial literacy. Which I think is super important in the world of football because most clubs operate like they haven’t got any fucking idea about financial literacy.”
— Peter McCormack

SHOW DESCRIPTION

Location: London
Date: Thursday 13th January
Company: Real Bedford
Role: Chairman

For years I have wanted to buy a football club in Bedford and get them in the football league. Now it’s a reality as I have agreed to acquire Bedford FC and set up the first Bitcoin standard football club: Real Bedford. And, it’s thanks to Bitcoin and its amazing community.

There are two prime motivations. Firstly I want an opportunity to play my part and help spread the wider exposure, education, and adoption of Bitcoin. There are many great people I’ve been fortunate to interview over these past few years who have provided real value to the ecosystem.

Secondly, I want to give something back to my hometown where I still live: Bedford. Like many small towns throughout the UK and around the world, it has gone through various waves of growth and contraction that have tested its identity. A football club that’s able to compete at the highest levels could provide a positive focal point for the town and put it firmly back on the map.

Don’t be fooled into thinking this isn’t without major challenges. I have never run a football club before, we’re 9 leagues below the Premier League, I have other significant commitments, and there’s widespread incredulity about my ambitions. But, this is a boys’ own dream, and I want to take you along for the ride.

In this interview, Bitcoin advocate and good friend of What Bitcoin Did Dominic Frisby talks to Peter McCormack, Chairman of Real Bedford. We discuss the dream to help Bitcoin and Bedford, learning to run a football club, and documenting the adventure.

TIMESTAMPS

00:03:45: Introductions
00:04:51: The story so far
00:12:25: The current structure and the handover
00:17:01: Learning to run a football club
00:23:28: Building Bedford as the Bitcoin Club
00:26:38: Bedford, the passion
00:30:56: Being the first Bitcoin football club
00:32:19: Nicknames, mascots and the Real Bedford name
00:42:09: Dealing with football toxicity
00:45:20: Development plans for the town and the club
00:51:56: Streaming the games
00:58:09: The Bitcoin standard for the club
01:02:28: Tokenising the club's equity
01:12:47: Players, staff, wages and bonuses
01:21:16: Documenting the story
01:24:54: The emotions of owning your own club
01:34:01: Balancing time between the podcast and the club
01:34:45: Final comments

 

SUPPORT THE SHOW

If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:

If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

SPONSORS

 
 
 
 
 
 
 
 
 

SHOW NOTES

Connect with Real Bedford:

Connect with Dominic Frisby:

Mentioned in the interview:

Other Relevant WBD Podcasts:

PodcastPeter McCormack