Today, @tyler and I are excited to announce that @winklevosscap has made a $4.5M bitcoin investment in @realbedford, becoming co-owners alongside @PeterMcCormack, and creating the first-ever football club powered by bitcoin. Why did we make this investment? A few reasons:
Peter has a strong WHY. As a lifelong Bedford resident, bringing a Premier League team to Bedford has been a childhood dream of his. His mission is clear and authentic. We love builders who have a strong WHY.
Peter has the Vision and Conviction. He is an OG Bitcoiner and HODLer. Being early in bitcoin is the ultimate acid test for vision, conviction, and being right. We love builders who have a long-term, contrarian point of view and the determination and persistence to see it through, despite the ups and downs along the way.
Peter is a second-time Founder. He has built @WhatBitcoinDid into the biggest Bitcoin podcast on the planet and in doing so, has acquired the skill set and know-how to succeed. We love builders who have been there before and keep coming back for more — they can’t imagine doing anything else.
Real Bedford, like bitcoin, is the ultimate underdog story. From a white paper published in 2009, bitcoin has gone on to be the best investment of the last decade and today, has a market cap of over $1.3 trillion. We believe that Real Bedford — powered by bitcoin and Peter’s leadership — has the ability to defy the odds, upset the establishment, and dethrone incumbents. We love underdog stories that have the ability to literally change the game.
Powered by Bitcoin. Through our bitcoin investment, Real Bedford’s balance sheet will be fortified with the hardest money in the observable universe, giving them advantages on and off the pitch. Real Bedford will serve as a blueprint for how small businesses and underdogs everywhere can create a bedrock of financial stability and supercharge their mission. As governments around the world continue to inflate their currencies, businesses powered by Bitcoin will only grow stronger.
Philosophically, football and bitcoin share much in common. They are global, borderless, and open to all. Their adoption relies on their innate properties. And their ascent is a function of the value they have to offer. They are forced on no one. They are organic, emergent, meritocratic, and universal. If football is “the beautiful game,” then bitcoin is “the beautiful money.”To all the Bitcoiners and football fans out there, we welcome you! Come join us on this journey.
Amazing awaits.
Cameron + Tyler