Can a Bitcoin-boosted football club breathe life into a tired town in the United Kingdom? This week’s “Decentralize with Cointelegraph” podcast tours Bedford.
602 Total views
2 Total shares
Own this piece of history
Collect this article as an NFT
This week’s episode of the Decentralize with Cointelegraph podcast takes a deep dive into Bitcoin (BTC) in Bedford. A Bitcoiner from the English town near London is turning heads and raising his town’s profile after buying his local soccer club, Real Bedford.
Peter McCormack, who took the No. 38 spot on Cointelegraph’s 2023 Top 100, hosts a Bitcoin podcast and is an avid soccer fan. At the start of the soccer season in August 2022, he told Cointelegraph that winning the league would put Bedford on the Bitcoin map.
Nine months on, Real Bedford has fulfilled that promise. It won the United Kingdom’s South Midlands League and was promoted. However, has the move from the Bitcoin soccer club galvanized the locals or just grated on them? And how does running it work on the ground?
Cointelegraph traveled to Real Bedford’s final home game of the season to interview fans, locals and Bitcoin advocates from around the world to understand the whys and hows of the Bitcoin soccer club. From the club’s commentator to a Liberal Democrat councillor to well-known Bitcoin advocate Jeff Booth, this week’s podcast takes listeners on a whistlestop tour of Bedford.
An underdog story that explores themes of competition, community and Bitcoin awareness in the United Kingdom, it’s clear that Real Bedford has taken the Bitcoin community by storm.
Cointelegraph also caught up with McCormack pitchside during his What Bitcoin Did podcast live event to quibble about whether he was pursuing a personal passion project or the stakes were greater.
Moreover, with the price per Bitcoin still wallowing under $30,000, the production seeks to highlight that there is more than a speculative streak to the world’s largest cryptocurrency. McCormack explained:
“I think the thing about Bitcoin now is it’s not about Bitcoin. It’s Nostr, it’s Bitcoin, it’s mainstream media lies, it is poor governance and regulation.”
It’s not about “I’m going to get Bedford to buy Bitcoin,” he continued. He wants to be careful in curating the club’s image in the town, and the Real Bedford website even has a blog post titled “Why you shouldn’t buy Bitcoin.”
The headline, however, is that this lower-league football team appears to be evolving into a bastion for Bitcoin adoption in the United Kingdom — listen to the Decentralize with Cointelegraph podcast on Spotify, Apple Podcasts, Google Podcasts or your favorite platform to learn how.
Creating a cryptocurrency from scratch isn’t easy. It requires extensive knowledge of various programming languages and knowledge of blockchain use cases, among other things. Instead of going through that effort, those newer to the crypto space wanting to build their own project tend toward tokens. Tokens are a crypto asset that exists within an ecosystem, like…
Just over a month after delivering sceptical remarks on Bitcoin (BTC), SpaceX and Tesla CEO Elon Musk is apparently rooting for major altcoin Dogecoin (DOGE) again.Already known as a big fan of DOGE, Musk has made yet another endorsement for the cryptocurrency in a March 3 tweet. While the initial tweet isn’t exactly crypto-related but…
Publicly traded software firm Splunk is using Ethereum sidechain xDai Chain to power the payments at its Las Vegas SplunkConf 2019.Payments at the conferencePer a report shared with Cointelegraph on Oct. 24, conference participants have the opportunity to use a dedicated, modified version of xDai’s Burnerwallet dubbed PonyPurse. Splunk’s Head of Blockchain and DLT Nate…
The average budget deficit of the United States will “never” be less than $1 trillion per year in the future — or 4.5% of GDP, worrying data on the fiat economy shows. Compiled by the U.S. Congressional Budget Office (CBO) and shared by crypto hedge fund manager Travis Kling on Jan. 21, statistics reveal that the…
Unlike its neighbor to the south that continues to procrastinate, Canada seems to be fast-tracking crypto assets — as evident again last week in its regulatory green light for three new Ether (ETH)-based exchange-traded funds, North America’s first.“Having an easily accessed ETF in Canada changes the competitive landscape,” Campbell Harvey, professor of international business at…
Between Jan. 30 and the early hours of Feb. 1, XRP price pumped 147%, reaching $0.76 which is its highest level in two months. The move seems to have been fueled by r/Satoshistreetbets, an off-shoot of r/Wallstreetbets.It seems that speculative social media group-based investing is becoming a trend so let’s take a look at what…
Experts from analytical firm Trefis have forecasted increased sales of Nvidia’s graphics processing units (GPUs) at the end of the third quarter (Q3) of this year, Forbes reported Nov. 13. Trefis notes that, while overall GPU sales will be up, sales from cryptocurrency-related activities will remain in a downtrend.American GPU manufacturer Nvidia is purportedly set…
Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” 135 Total views 11 Total shares Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on…
MyCrypto and MetaMask will be combining technology and teams to build the ideal wallet. The terms of the deal were not disclosed. 110 Total views 18 Total shares ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company's product suite. Its intent is to merge MyCrypto…