

Peter McCormack: Changing Bitcoin Bull Markets, Role of Government and Victory over Craig Wright
8 snips Jul 29, 2025
Join Peter McCormack, host of The Peter McCormack Show and chairman of Real Bedford FC, as he discusses the transformative power of Bitcoin in local communities. Peter shares his shift from global podcasting to grassroots initiatives in Bedford, where he's driving change through community engagement and safety programs. He also reflects on the evolving landscape of Bitcoin adoption, the impact of AI on jobs, and his legal battle with Craig Wright, all while exploring innovative strategies to bolster local governance and uplift communities through football and Bitcoin.
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Bitcoin's Evolving Adoption Cycles
- Bitcoin's adoption phases show evolving participant profiles from cypherpunks to government involvement.
- Peter McCormack views centralized Bitcoin treasuries as future banks and capital allocators.
Retail Bull Markets Are Done
- Retail Bitcoin bull markets are likely over due to high unit price and passive institutional acquisition.
- Price action differs from past cycles, with smaller drawdowns and treasury companies accumulating Bitcoin.
From Government Optimism to Skepticism
- Peter McCormack shifted from optimistic about government to advocating minimal government focused on security and law.
- He sees current UK government actions as deeply flawed and counterproductive.