Buying a small-town soccer club with the aim to propel it into the Premier League — the world’s most popular football league — is a script suitable for a Netflix series.
In fact, actor Ryan Reynold’s bid to revitalize lower-league Welsh soccer team Wrexham FC has already caught the attention of Disney+ writers.
It’s a quaint, quintessentially British underdog story of how an ultra-rich Hollywood actor can do something different with his wealth. However, Reynolds has no connection to Wrexham; he flies in for most games, and he’s unlikely to live out the rest of his days building out the deprived historic mining town.
The story has netted mainstream media attention from the likes of the BBC, the Guardian and Sky News.
In the Bitcoin world, a similar story is unraveling. However, it’s spearheaded by a local boy who’s using Bitcoin not only to boost the Real Bedford Football Club but his hometown as well.
In the Bitcoin world, Peter McCormack is a familiar face, hosting the most popular podcast What Bitcoin Did. According to the Guardian and the BBC, he is a blogger and “crypto guru” invariably betting on Bitcoin
Over the past two years, he has strived to turn around the beleaguered Bedford FC by using Bitcoin. Real Bedford reached promotion in May, buoyed by new uniforms, new logos and, crucially, a new legion of fans.
However, Real Bedford is also what McCormack calls the “Bitcoin football team.” Not only does he achieve his boyhood dream of running a successful football team, but it also seeks to discretely encourage fans and onlookers to engage with the world’s largest digital currency, Bitcoin.
But does the club have the legs to make it into the Premier League? And what’s the point of putting the Bitcoin logo on the shirt, hosting Bitcoin meet-ups before every game, and inviting key opinion leaders of the Bitcoin world to games? And what on earth must the locals think of the “orange-pilled” takeover?
McCormack bought Bedford FC in 2021 during the heady highs of the bull run when BTC was comfortably above $40,00 and talk of the Bitcoin price hitting six figures dominated Cointelegraph headlines. Propelled by the high Bitcoin prices, the club secured half a million dollars in sponsorship for the first year.
Despite buying the club being a boyhood dream, most people thought McCormack was mad to take on the running of a football club…
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