Peter McCormack is a British entrepreneur and broadcaster greatest often called the creator and host of the What Bitcoin Did podcast and the chairman of Actual Bedford FC, an English soccer membership he’s funding with Bitcoin.
Who Is Peter McCormack?
Peter McCormack was born on October 31, 1978, in Studying, Berkshire, England, and was raised in Kempston. He was educated in the UK, finishing his early education at Bedford Fashionable College and Bedford Highway Decrease College in Bedford, England. Following his secondary training, he attended Buckinghamshire New College, previously Buckinghamshire Chilterns College School, to review Music Trade Administration, although he later dropped out to pursue a profession in expertise.
McCormack has been open about his private struggles, together with battles with nervousness and drug dependancy, and a wedding that ended early. He has mentioned how a interval of dependancy led to a breakdown and the collapse of an promoting company he had constructed, earlier than he rebuilt his profession by way of Bitcoin and podcasting. His path into crypto started in 2017, after a profession in digital advertising and marketing, when private monetary challenges and curiosity about rising monetary expertise led him to Bitcoin.
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Peter McCormack’s Profession and Contributions
Peter McCormack’s profession started in media and promoting. He labored as Business Director at Evolving Media in 2005, then as Managing Director of Evolving Media Community in 2007, earlier than becoming a member of direct advertising and marketing company Rapier UK as Head of Digital in 2009. In 2010 he launched his first enterprise, Bantr.television, an interactive dwell soccer platform that shut down in 2015.
In 2016 he co-founded McCormack & Morrison, a consultancy that reached a peak turnover of roughly £2.7 million a 12 months, in keeping with InsideBitcoins. He informed The Guardian that when his earlier promoting company folded, he determined to put money into Bitcoin, which set the stage for his subsequent chapter.
McCormack launched the What Bitcoin Did podcast in 2017 after discovering Bitcoin and writing weblog posts about it. The present grew into probably the most well known crypto podcasts, that includes visitors together with Coinbase co-founder Brian Armstrong, Ethereum co-founder Vitalik Buterin, and Gemini founders Cameron and Tyler Winklevoss.
He then launched a second podcast, Defiance, in 2019, masking politics and economics, and in 2025 consolidated his reveals beneath The Peter McCormack Present.
In 2021, McCormack purchased Actual Bedford FC, an eighth-tier English soccer membership, for a five-figure sum. He has funded participant wages, advertising and marketing, and infrastructure, a lot of it by way of Bitcoin-related sponsorships, with the acknowledged aim of taking the membership to the Premier League.
Peter McCormack’s Views and Positions
Peter McCormack is likely one of the most acknowledged Bitcoin advocates in podcasting. His method facilities on curiosity, accessibility, and sincere storytelling, and he locations a excessive worth on free speech and group in constructing decentralized networks. He has been keen to query orthodoxy each inside and outdoors the Bitcoin area.
He has additionally been vocal about political and social points on his social media, significantly on X and in his podcasts. He has at instances criticized particular selections by public figures, comparable to Tesla’s transfer so as to add and later scale back Bitcoin on its steadiness sheet. McCormack presently has over 615,000 followers on X.
Peter McCormack’s Web Value in 2026
Peter McCormack’s internet price is estimated at $10 million as of 2026. The first drivers of his wealth are his podcasting revenue and his possession stake in Actual Bedford FC.
McCormack has been unusually clear about his funds over the previous few years. He informed Cointelegraph in 2021 that the What Bitcoin Did podcast was incomes round $70,000 monthly at its peak.
In 2019 he described himself as removed from rich, reporting a internet price of about $150,000 on the time. Now that the soccer membership is now a serious element of his wealth, in February 2025, Cameron and Tyler Winklevoss invested £3.5 million for a forty five% stake in Actual Bedford FC, which means McCormack’s remaining 55% stake is price roughly $5.5 million.
His private cryptocurrency holdings will not be publicly disclosed. McCormack has stated he made about $1.2 million on Bitcoin in the course of the 2017 run-up after which bought most of it, partly to supply a cushion for his podcast enterprise. How a lot he holds as we speak will not be identified.
Peter McCormack within the Information
Peter McCormack was the defendant in a high-profile libel case introduced by Craig Wright, who has claimed to be Bitcoin creator Satoshi Nakamoto. After McCormack publicly disputed that declare, Wright sued him for libel in April 2019. In 2022, the court docket dominated that Wright had been libeled however awarded solely £1 in damages, with the choose citing a “intentionally false case.”
McCormack later obtained a Worldwide Freezing Order proscribing Wright’s belongings as much as £1.5 million. In January 2025, Wright was present in contempt of court docket for repeatedly bringing claims based mostly on his Satoshi assertion and was sentenced to a one-year jail time period, suspended for 2 years.
Incessantly Requested Questions
Want a refresher on Peter McCormack? Listed below are the questions readers most frequently ask about him.
Who’s Peter McCormack?
Peter McCormack is a British entrepreneur and broadcaster greatest often called the host of the What Bitcoin Did podcast and the chairman of Actual Bedford FC. He launched the podcast in 2017 after a profession in digital advertising and marketing and has develop into probably the most acknowledged Bitcoin advocates within the podcasting area.
What’s Peter McCormack’s internet price in 2026?
Peter McCormack’s internet price is estimated at $10 million as of 2026, in keeping with each Merchants Union and Inside Bitcoins. The determine is pushed primarily by his podcasting revenue and his 55% stake in Actual Bedford FC, which is valued at roughly $5.5 million based mostly on the Winklevoss twins’ February 2025 funding.
What’s the What Bitcoin Did podcast?
What Bitcoin Did is a cryptocurrency podcast that Peter McCormack launched in 2017. It options interviews with builders, economists, and trade leaders and has hosted visitors together with Brian Armstrong, Vitalik Buterin, and the Winklevoss twins.
Why did Craig Wright sue Peter McCormack?
Craig Wright sued McCormack for libel in April 2019 after McCormack publicly disputed Wright’s declare to be Satoshi Nakamoto. In 2022 the court docket dominated Wright had been libeled however awarded solely £1 in damages, calling it a “intentionally false case.” Wright was later present in contempt of court docket in January 2025.
What’s Peter McCormack doing with Actual Bedford FC?
McCormack purchased the eighth-tier English soccer membership in 2021 for a five-figure sum and is funding it closely, a lot of it by way of Bitcoin-related sponsorships, with the aim of reaching the Premier League. In February 2025, the Winklevoss twins invested £3.5 million for a forty five% stake. McCormack stays chairman.
Is Peter McCormack nonetheless internet hosting the podcast in 2026?
Peter McCormack introduced on Danny Knowles as a co-host of the What Bitcoind Did podcast in December 2024, and Knowles has since taken on a bigger on-air position. McCormack consolidated his reveals beneath The Peter McCormack Present in 2025 and stays connected to the model and the enterprise.