We Study Billionaires - The Investor’s Podcast Network

BTC179: The Business of Football and Bitcoin w/ Peter McCormack (Bitcoin Podcast)

6 snips
Apr 24, 2024
Peter McCormack, a football team owner and host of "What Bitcoin Did," shares his vision of blending Bitcoin with the football business. He discusses how cryptocurrency can drive community growth and enhance local enterprises. Topics include the impact of the Winklevoss twins' investment and upcoming developments like a Universal Studios park in Bedford. McCormack also highlights innovative ways to integrate Bitcoin into sports management while navigating the challenges of club ownership and maintaining competitive growth.
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ANECDOTE

Hometown Love

  • Peter McCormack expresses a deep love for his hometown, Bedford, despite its perceived shortcomings.
  • He aims to use his Bitcoin wealth to revitalize the town and give back to the community.
INSIGHT

Bedford's Image

  • Preston Pysh challenges McCormack's negative view of Bedford, describing it as a beautiful town with a river and charming paths.
  • Pysh questions if Bedford's proximity to renowned towns like Cambridge and Oxford influences its perceived image.
INSIGHT

Bitcoin Cheat Code

  • The Winklevoss twins invested $4.5 million in Real Bedford, but McCormack plans to leverage Bitcoin's potential growth.
  • He believes the investment's true value could be $25-50 million in the next 12-18 months.
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