A Prominent Bitcoin Advocate and Podcaster, Challenging Traditional Financial Systems Through Cryptocurrency Education and Advocacy

GOOD Fellows AWARD Recipient, 2023
GOOD Fellows #2023

“Peter McCormack exemplifies the spirit of’ the GOOD Fellows Award; his unwavering commitment to the democratization of finance through Bitcoin and his bold voice in the world of cryptocurrency resonate deeply with SWFI’s mission of transparency and innovation in global wealth management.”

Lakshmi Narayanan,
Chairman, Sovereign Wealth Fund Institute

Peter McCormack is a distinguished advocate for Bitcoin, known for his vocal support and extensive contributions to the cryptocurrency sphere as a podcaster and former advertising guru. His forthright opinions and deep involvement in the cryptocurrency world have marked him as a pivotal figure in advocating for the potential of Bitcoin to redefine traditional financial frameworks. 

McCormack’s advocacy is most prominently highlighted through his role as the host of the “What Bitcoin Did” podcast. This podcast has become a central hub for Bitcoin discussions, attracting a wide audience within the cryptocurrency community. In his show, McCormack conducts in-depth interviews with industry pioneers, discussing various facets of Bitcoin, including development, privacy, investment, and adoption. His ability to elucidate complex topics has made his podcast one of the most influential platforms in the cryptocurrency space. 

Apart from his podcasting success, McCormack is known for his bold public stances. He challenges conventional investment wisdom by advocating for Bitcoin as a superior form of money. His views are not confined to his podcast; they resonate across various platforms where he actively participates in Bitcoin discourse. In April 2019, McCormack’s advocacy took a dramatic turn when he accused Craig Wright of fraudulently claiming to be Bitcoin inventor Satoshi Nakamoto. This accusation led to a libel lawsuit in the UI<, which garnered substantial support from the Bitcoin community for McCormack, highlighting his influential role in the sector. 

McCormack’s contributions extend beyond oral discourse; he has penned numerous articles on Bitcoin, demonstrating his active involvement in cryptocurrency conversations. He also expresses concerns regarding the participation of traditional financial entities like BlackRock in the Bitcoin space, fearing potential adverse effects despite the possibility of price appreciation.

Beyond his Bitcoin-centric endeavors, McCormack’s professional pursuits include hosting the “Defiance” podcast, where he engages with mainstream political discourse, indicating his willingness to delve into discussions beyond cryptocurrency. Additionally, McCormack is a filmmaker and the Chairman of Real Bedford FC, showcasing his diverse interests outside the cryptocurrency world. 

McCormack’s “What Bitcoin Did” podcast has been instrumental in educating both enthusiasts and newcomers in Bitcoin. His enlightening interviews provide a platform for understanding the complexities of Bitcoin through discussions with industry stalwarts. Moreover, his public speaking endeavors have helped demystify Bitcoin for countless individuals, shedding light on its monumental potential to revolutionize financial paradigms. 

Beyond his global influence, McCormack is a committed community builder. He has made commendable efforts to cultivate a Bitcoin community in Bedford through events and meetups, fostering an informed and engaged local crypto community. These efforts underscore his dedication to grassroots education and the broader adoption and understanding of Bitcoin.