Close Menu
  • Home
  • Marketcap
  • Advertise
  • Wallets
    • Bitcoin Wallets
    • Ethereum Wallets
    • Dogecoin Wallets
    • Monero Wallets
  • Bitcoin
    • Dogecoin News
    • Ripple
    • IOTA
    • Shiba Inu
    • Cardano
    • VeChain
  • All Posts
What's Hot

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025
Facebook X (Twitter) Instagram
  • Advertise
  • Bitcoin
  • Marketcap
  • Wallets
Facebook X (Twitter) Instagram Pinterest Vimeo
OneBitBay
  • Home
  • Marketcap
  • Advertise
  • Wallets
    • Bitcoin Wallets
    • Ethereum Wallets
    • Dogecoin Wallets
    • Monero Wallets
  • Bitcoin
    • Dogecoin News
    • Ripple
    • IOTA
    • Shiba Inu
    • Cardano
    • VeChain
  • All Posts
SUBSCRIBE
OneBitBay
Home » Putting Bitcoin on the Map The Budget Ryan Reynolds and the English Football Club
Bitcoin

Putting Bitcoin on the Map The Budget Ryan Reynolds and the English Football Club

By adminOct. 21, 2024No Comments3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Putting Bitcoin on the Map The Budget Ryan Reynolds and the English Football Club
Putting Bitcoin on the Map The Budget Ryan Reynolds and the English Football Club
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Peter McCormack is known as a podcaster in crypto circles, but in his hometown, he now runs a football club that’s relying on Bitcoin to make its foray into the English Premier League.
Real Bedford FC has attracted investment from the Winklevoss twins and sponsorships from Gemini, Luxor, Ledger, and other leading crypto companies.
When Ryan Reynolds bought the Welsh football club Wrexham F.C. in 2020, its fortunes changed, and so did its performances on the pitch as it strived to join the competitive English Premier League. 250 kilometers away, the “Budget Ryan Reynolds” is doing the same with his neighborhood football club, but unlike the Hollywood superstar, he relies on Bitcoin to fund the club’s ambitions.
Peter McCormack is known in the crypto world as the podcaster behind ‘
Mr Obnoxious
,’ formerly titled ‘What Bitcoin Did,’ which gets over a million downloads every month. However, in April 2022, he bought Bedford FC, his local football club in the Eastern England county of Bedfordshire, which he renamed Real Bedford FC.
Since then, he has been on a journey towards transforming Real Bedford into a Bitcoin club. In an
interview
with Sky News, he revealed that one of the key appeals of his Bitcoinisation is that it allowed the club to get sponsors and fans beyond the local area. Today, its sponsors include Bitcoin mining firms Luxor and Iris Energy, crypto investment giant
Galaxy
, American exchange
Gemini
, and French crypto hardware wallet maker
Ledger
.
The Football Club That’s Become a Bitcoin Hub
In England, Bitcoin has become very popular. The country is one of the largest crypto markets in Europe and consistently ranks in the top five for trading volume. However, it has also witnessed a crackdown on crypto, from restrictions on crypto ads to the FCA’s consistent clampdown on crypto firms.
McCormack seeks to ensure that Real Bedford isn’t regarded as a Bitcoin company to protect it from any backlash that might emanate from negative crypto events. On his website, he even has a section titled, “Why you shouldn’t buy Bitcoin.”
In football, everyone is like, ‘ You’re just trying to make people buy Bitcoin.’ I’m not.
However, the club promotes Bitcoin in several ways. For one, you can pay for drinks and food in the bar with BTC; you can also shop for merchandise both online and at the club shop in the digital currency. The BTC collected this way goes into the ‘Bitcoin treasury,’ which the club treats as a savings account.
Success for the club seems to be just a matter of time. Last season, the club won its league and gained promotion to the Southern League Division One Central, the eighth tier of English football. McCormack’s sights are firmly set on advancing through the tiers to the Premier League, the world’s most-watched football league.
BTC trades at $67,200, dipping 2% for the day after it was unable to sustain a weekend rally that took it to $69,400, its highest price since early June.
Recommended for you:
Buy Bitcoin Guide
Bitcoin Wallet Tutorial
Check 24-hour Bitcoin Price
More Bitcoin News
What is Bitcoin?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025
Leave A Reply Cancel Reply

Top Posts

Innovative Solution for Widespread Use of IOTA and Distributed Ledgers: Transforming User-Node Interaction

Jul. 21, 2023

IOTA’s Stablecoin with 0% Interest Rates to Launch on Shimmer Network, Poised to Compete with Ethereum, Solana, and Cardano.

Jul. 24, 2023

IOTA Co-Founder Affirms Promising Strategies for Cardano, Shimmer, and IOTA Prior to 2023 Summit

Aug. 6, 2023

IOTA: Anticipate the Launch of Shimmer-Based Web 3 GroupFi Protocol in Q4 2023 – Get Ready for What’s Coming

Sep. 1, 2023
Don't Miss

VeChain’s Journey is Only Beginning, According to Sunny Lu—$VET Will Fuel the New Digital Economy

Jun. 6, 2025

VeChain (VET), the blockchain platform founded in 2015 by former Louis Vuitton China CIO Sunny Lu, i…

VeChain Introduces ‘Renaissance’ Upgrade: A New Chapter for VET and Blockchain Adoption

Jun. 4, 2025

Analyst Outlines Bullish Case for SHIB: Potential 503% Surge for Shiba Inu?

Jun. 3, 2025

VeChain to Introduce StarGate on July 1—Significant $VET Staking Rewards and Fee Burn Opportunities Await

Jun. 3, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
About Us
About Us

OneBitBay is your preferred news website to explore the digital currency market, stay updated on the latest news, and trends. We offer in-depth coverage and professional analysis to help you understand the pulse of the market.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Most Popular

Ripple Aims to Challenge Chainlink as a Competitor with the Launch of Oracles in Q2 2024 – Will it Drive XRP Price to Unprecedented Levels?

Jun. 3, 2024

VeChain Teams Up with Industry Leaders at Tech Conference to Drive Blockchain Adoption

Feb. 13, 2024

IOTA Takes the Lead in the Billion-Dollar Market with UniMe Identity Wallet

Sep. 28, 2023
  • Advertise
  • Bitcoin
  • Marketcap
  • Wallets
© 2025 OneBitBay All rights reserved.

Type above and press Enter to search. Press Esc to cancel.