Podcaster Peter McCormack has a love/hate relationship with Twitter and admits he can sometimes be “a dick to other people” online.
What Bitcoin Did podcaster Peter McCormack admits that he has a weird relationship with Twitter, as he believes it brings out the worst in people.
Hes worked hard to build up more than half a million followers to promote his show but still isnt sure that Twitter is a net positive because it elevates a lot of stupidity out of people. And he includes himself in that assessment.
I can feel myself being a dick to other people [on Twitter]. Like, I criticize it and then realize Im a hypocrite for doing it myself, he says.
Hes more of a fan of podcasting, though, and his insightful interviews with A-list guests, such as MicroStrategys Michael Saylor, ARK Invests Cathie Wood and analyst Lyn Alden, have seen him amass 1 million listeners a month.
Also read: The wealthiest time of my life was the most miserable: Peter McCormack
McCormack fell into podcasting by pure accident after spending two decades in digital marketing, as well as a stint running his own agency. He got the itch for it while listening to health guru Rich Rolls podcast and decided he wanted to have the same job.
McCormack slid into Rolls DMs and managed to score some free coaching out of it.
I went to an event of his, and he said to stay in touch if youre ever in LA. So, I was in LA, [and messaged him], Well hi, I am here. How do I do this podcast thing? And he mentored me.
McCormacks hustling paid off in spades with What Bitcoin Did growing to become one of the best-known Bitcoin podcasts in the entire industry. The enormous success hes enjoyed brought on all kinds of pressure, as hes now an employer responsible for a small business.
There are now seven people that work on this podcast I dont want to fuck this up. Thats seven salaries that are relying on this, he says.
McCormack is fast becoming responsible for parts of his humble hometown of Bedford.
With a population just shy of 200,000, this small U.K. town has made its mark on the global Bitcoin map, all because McCormack decided to buy the local football club in 2021.
McCormack renamed the club to Real Bedford FC, and fans can pay for merchandise, tickets and drinks with Bitcoin. He bought the local watering hole in Bedford, too.
I just bought a bar in Bedford.
It is called The Auction Room, come down for a beer if you are nearby pic.twitter.com/1CXScWyJ2oPeter McCormack (@PeterMcCormack) April 6, 2023
According to McCormack, his brother believes he is treating Bedford like a Monopoly board, slowly buying up the town. But thats not how he sees it.
I think it is more that I want my town to do well, and I want the people of my town to do well. Ive traveled the world doing this podcast, and now I want to build businesses in my hometown and support my hometown.
What led to Twitter fame?
McCormack doesnt believe there is any secret to building a following on Twitter, other than just working your bollocks off.
I just worked very hard over the last six years and was as open-minded as I can in regards to Bitcoin and politics, he says. This paid off in 2021 when he was invited to meet with El Salvadors president, Nayib Bukele, to discuss Bitcoin.
I was honoured to be invited to the El Salvadorian Presidential Palace to meet with President @nayibbukele.
We discussed #bitcoin, volcano mining and the opportunity for the people of this great country.
This project is the real deal. pic.twitter.com/WJYWhm0o6O
Peter McCormack (@PeterMcCormack) June 15, 2021
So, on balance, he can see that Twitter has both good and bad elements. Its good for promoting the football club and things Im working on its also a pain in the arse as well, he says.
What type of content can you expect?
McCormack explains that his Twitter content is mainly Bitcoin and football and makes it clear that hes not everyones cup of tea.
If youre into Bitcoin and you like football, it totally works. The whole thing works. But if you dont like football, I think the football is actually a net negative to what Im doing. Theyre like, I dont give a fuck about this football stuff.
Learned a lot about running a football club in a short amount of time.
The biggest thing is how it feels like everyone wants you to fail.
Very much looking forward to proving people wrong.
Peter McCormack (@PeterMcCormack) December 22, 2021
A died-in-the-wool Bitcoiner, he regrets ever dabbling in other cryptocurrencies.
Bitcoin is the only one I care about; I dont need to pay attention to all this other shit, he says.
McCormack is an interesting character politically, however, as he cant be neatly boxed into the left or right side of the political spectrum. For him, he takes each issue on its merits.
I personally try to not be ideologically trapped. I dont care if you have a conservative or progressive opinion. If I agree, I agree with it. If I dont, I dont.
Twitter Beefs:
Captain Beef: Richard Heart
McCormack recently got sent a bag of shit in the post with a message claiming Peter McCormack and Eric Wall are scammers.
He blames Richard Heart and his fucking Hex morons, admitting that he hasnt shied away from his thoughts on Heart and his HEX project in the past.
Im not a fan of what he does [] I get a lot of shit from them, and now I get literal shit.
Someone literally went to the effort of putting a bag of shit in the post and sending it to me with the note:
Peter McCormack and Eric Wall are scammers, signed Pulsechain.Lovely.
Get control of your people @RichardHeartWin.
cc @ercwl #HEX pic.twitter.com/IYX2XBtGSo
Peter McCormack (@PeterMcCormack) May 31, 2023
McCormack reveals that his son, who is responsible for collecting the mail from his office, was the unfortunate one who had to open the package, leaving him quite shaken by the ordeal.
I get sent some cool things sometimes. My son didnt know what this [bag of shit] meant. He said this isnt cool, what else can they send you?
What content do you enjoy?
McCormack isnt afraid to admit he likes the memes from time to time.
He is also a big fan of economist Lyn Aldens macro stuff, as well as Human Rights Foundation chief strategy officer Alex Gladstein.
Who doesnt love Lyn Alden? https://t.co/3w1F2lyUOd
Peter McCormack (@PeterMcCormack) August 4, 2021
Future outlook:
McCormack is down on CBDCs, which he thinks are bullshit, dystopian surveillance tech for mass control.
He reckons that regulators need to stop fucking interfering with lives [and getting] in the way of work.
As for forecasting Bitcoins price, McCormack doesnt typically make bold predictions.
In fact, he is quite the opposite.
When asked about Bitcoins price direction in the next 12 months, McCormacks response resembles that of a seasoned politician: Up, down, or sideways [] youre not getting that from me!
Bitcoin will eventually recover; we will do another lap around the Bitcoin Monopoly Board.
Depends, I think I have only done one actual price prediction show which specifically talked about why #bitcoin can hit $500k. I think it is better to say that trading shows did the best. Macro shows also do really well.
Peter McCormack (@PeterMcCormack) June 20, 2022
