Global impact of Bitcoin soccer club: Decentralize with Cointelegraph. Can a British football team funded by Bitcoin revitalize a run-down town? Bedford is visited in this week’s “Decentralize with Cointelegraph” podcast.
This week, the Decentralize with Cointelegraph podcast’s episode delves deeply into Bitcoin BTC.
29 839 dollars in Bedford. After purchasing his hometown soccer team, Real Bedford, a Bitcoiner from the English town near London, is making headlines and boosting his hometown’s reputation.
Peter McCormack, who ranked No. 38 on Cointelegraph’s 2023 Top 100, is a devoted soccer enthusiast and the host of a Bitcoin podcast. He informed Cointelegraph at the beginning of the soccer season in August 2022 that winning the league will make Bedford a household name thanks to Bitcoin.
Real Bedford has delivered on its promise after nine months. It got promoted after winning the South Midlands League in the UK. However, has the relocation of the Bitcoin soccer club inspired the locals or has it merely irritated them? How does operating it on the ground actually work?
Global impact of Bitcoin soccer club: Decentralize with Cointelegraph
In order to better understand the motivations behind the Bitcoin soccer team, Cointelegraph went to Real Bedford’s final home game of the year to speak with residents, supporters, and Bitcoin proponents from around the world. This week’s program takes listeners on a quick tour of Bedford, stopping at the club pundit, a councillor for the Liberal Democrats, and well-known Bitcoin supporter Jeff Booth.
Real Bedford has undoubtedly taken the Bitcoin community by storm. It is an underdog tale that covers themes of rivalry, community, and Bitcoin knowledge in the United Kingdom.
During the What Bitcoin Did podcast live event, Cointelegraph also met up with McCormack pitchside to discuss whether he was working on a personal passion project or whether the stakes were higher.
In addition, the project aims to demonstrate that Bitcoin is more than just a speculative asset given its current price of under $30,000 per unit. “I think the thing about Bitcoin now is that it’s not about Bitcoin,” McCormack said. It is Nostr, Bitcoin, misinformation from the media, bad governance, and lax regulation.
It’s not about “I’m going to get Bedford to buy Bitcoin,” he added. He wants to carefully shape the club’s reputation in the community, and the Real Bedford website even features a blog entry headlined “Why you shouldn’t buy Bitcoin.”
Listen to the Decentralize with Cointelegraph podcast on Spotify, Apple Podcasts, Google Podcasts, or your preferred platform to find out how this lower-league football team seems to be turning into a bulwark for Bitcoin acceptance in the United Kingdom.