The Peter McCormack Show

Location: Remotely Date: Thursday 18th Feb Company: Abra Role: Founder & CEO In the last week, bitcoin broke $50,000 for the first time, a significant milestone, helped by corporate adoption. Tesla's $1.5bn bitcoin buy was a watershed moment. Still, it would likely not have happened without MicroStrategy, who themselves announced this week that they would be raising another $900 million to acquire...

Location: Remotely Date: Monday 15th February Company: Bitcoin Magazine & Independent Role: Media Editor & Bitcoin Writer Bitcoin is the separation of money and state. It allows hodlers to opt-out of government-issued fiat currency and take sovereignty over their money. For many libertarian-minded Bitcoiners, this was the draw to Bitcoin, even before it had any real value. Throughout late 2020 and...

Location: Remotely Date: Friday 5th February Company: SwanBitcoin Role: Founder We are just over a month into 2021, and it has already been a wild start of the year for Bitcoin and the broader financial markets. The r/wallstreetbets subreddit took it to Wall Street by collectively buying up the heavily shorted GameStop (GME). The stock price went from around $20 in mid-January to over $450 in less...

Location: RemotelyDate: Monday 8th FebruaryCompany: N/A & The Investors PodcastRole: N/A & Host On Monday, Tesla made the announcement that Bitcoiners had been anticipating. In their annual report to the SEC, Tesla disclosed that they had invested $1.5 billion in Bitcoin and the Bitcoin price soared to a new all-time high of over $47,000. In 2020, Michael Saylor and MicroStrategy paved the way for...

Location: Remotely Date: Monday 1st February Company: Kraken Role: Director of Business Development The Gold Standard was a monetary system that linked the value of a country's currency to the amount of gold held in reserve. The Gold Standard placed restrictions on a governments ability to print money. Still, in 1971 Nixon announced that the US would sever all ties between the dollar and gold, and...

Location: Remotely Date: Thursday 28th January Company: Kraken Role: Director of Business Development Jack Dorsey has been one of the leading public supporters of Bitcoin in Silicon Valley, stating his belief is that "Bitcoin has the potential to become the world's sole currency by 2030". In late 2020 Dorsey went a step further when his company Square put $50 million of Bitcoin in their treasury....

Location: Remotely Date: Monday 25th January Company: Kraken Role: Director of Business Development The design of Bitcoin issuance leads to clear four-year market cycles. While Bitcoin experienced bull runs in its first cycle, 2013 was the first, mainstream bull market and the price climbed to over $1,000. What followed was a multi-year bear market and an 80% drawdown. 2016/17 marked the next bull...

Location: Remotely Date: Tuesday 26th January Company: Hypersheet Role: Co-Founder Bitcoin has had a great year so far, after hitting a new all-time high of ~$42,000 it has been in a consolidation range bouncing between $30,000 and $40,000. Since that top, we have seen a massive uptick in FUD, including a misreported double spend. This 'double spend' scared some investors and NexTech, a software c...

Location: Remotely Date: Monday 25th January Company: lynalden.com Role: Macroeconomist Since early January Bitcoin has been consolidating between $30k and $40k and the fundamentals and technicals remain strong. Grayscale has ceased their hiatus, MicroStrategy has added to their position during this time and, in early February, will be holding a conference for other corporations to go through thei...

Location: Remotely Date: Tuesday 15th December Company: Block Digest Role: Host Checking your balance or sending Bitcoin can be as simple as opening an app or scanning a QR code and clicking send, but what is happening behind the scenes to make that happen? Unspent transaction outputs (UTXOs) are the monetary units of bitcoin. They are likes coins and notes in the traditional financial system but...

Location: Remotely Date: Tuesday 12th January Company: Swan Bitcoin Role: Head of Institutional Investment Why buy bitcoin is a complicated question to answer. Bitcoin is many different things to different people. It is a censorship-resistant form of payment for those living under authoritarian regimes; for some, it is a hedge against inflation, while it is purely speculative for many others. Even...

Location: Remotely Date: Saturday 16th January Company: VaynerX & Parallax Digital Role: CEO & Founder Hyperbitcoinisation is the state at which Bitcoin becomes the world's dominant form of money and thus the base asset for the entire financial system. On the road to hyperbitcoinisation, there will be a tipping point where governments willingly or unwillingly seed power and move over to a bitcoin-...

Location: Remotely Date: Thursday 14th January Company: Independent Role: Software Engineer and Author As we are in another Bitcoin bull market, many new people will be considering investing, but understanding what Bitcoin is and why it is important isn't straightforward. Bitcoin is multifaceted, and the use cases can vary dramatically depending on where you live in the world and your circumstance...

Location: Remotely Date: Wednesday 13th January Company: Independent & Castle Island Ventures Role: Author & Partner Bitcoin adoption is maturing, and veteran traders such as Stan Druckenmiller and Paul Tudor Jones , companies like Microstrategy and institutions like Grayscale and Skybridge have all made moves solidifying its reputation and profile. However, it is still not without its detractors....

Location: Remotely Date: Tuesday 22nd December In early 2017, with the Bitcoin price at around $1,200, Didi Taihuttu, his wife and three kids sold their house, cars and everything they owned and invested it all in Bitcoin. They planned to travel the world and live a nomad lifestyle. In 2017, following their decision, the Bitcoin price went to $20,000 before crashing back down to around $3,200. Wit...

Location: Remotely Date: Wednesday 6th January Company: Bitfinex Role: CTO & General Counsel There have been claims that Tether has manipulated the Bitcoin price. Still, JL van der Velde, CEO of both Bitfinex and Tether, denied the allegations stating "Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of b...

Location: Remotely Date: Tuesday 5th January Company: Zap Role: CEO This week Jack Mallers announced the launch of Strike Global , a Bitcoin neobank that uses the Bitcoin network and lightning to facilitate the sending of money anywhere in the world, in a matter of seconds, for free. The speed and cost of payments have often been a topic of debate in Bitcoin. While the basechain is necessarily slo...

Location: Remotely Date: Tuesday 29th December Company: SkyBridge Capital Role: Founder SkyBridge Capital is an investment firm, run by Anthony Scaramucci. The firm, which has $9.3 billion under management, has announced a Bitcoin fund, allowing customers to invest in Bitcoin. SkyBridge is the latest in a growing list of companies creating onramps for institutional exposure to Bitcoin, going up ag...

Location: Remotely Date: Wednesday, 30th December Company: Tales from the Crypt Role: Co-Host 2020 has been a defining year for Bitcoin, with the world reeling from a global pandemic, the necessity of hard money is more apparent than ever. With the worst of the bear market behind us, 2020 looked to be a promising year for Bitcoin. However, in March with the coronavirus outbreak, markets went into...

Location: Remotely Date: Friday 18th December Company: lynalden.com Role: Macroeconomist 2020 has been a year unlike any, even before the coronavirus pandemic, the global economy was showing signs of stress. With the outbreak, the spread of the virus and subsequent lockdowns, governments worldwide resorted to unprecedented levels of monetary and fiscal stimulus to keep the flailing economy afloat....

Location: Remotely Date: Tuesday 22nd December Company: Coin Center Role: Executive Director & Research Director Steven Mnuchin, the Treasury Secretary of the United States, is looking to implement a new regulation that would require financial institutions to verify the identity of both senders and recipients of any Bitcoin transaction, over $3000. A few weeks ago, Coinbase CEO, Brian Armstrong tw...

Location: Remotely Date: Monday 21st December Company: Block Digest Role: Host 2020 has been a record-breaking year for Bitcoin where we have seen the price reach a new all-time high of over $24,000. Companies like MicroStrategy and Square have paved the way for institutional investors, and mainstream media covers Bitcoin more than ever. While interest in Bitcoin is continuing to grow, behind the...

Location: Remotely Date: Monday 21st December Company: Ledger Role: CEO In July of this year, Ledger was made aware of a data breach on their website. Their initial statement read: "consisting mostly of email addresses, but with a subset including also contact and order details such as first and last name, postal address, email address and phone number." Since then customers have been subject to a...

Location: Remotely Date: Tuesday 15th December Company: Hypersheet Role: Co-Founder Bitcoin has had an incredible year. Following the outbreak of the coronavirus, the Bitcoin price crashed to just below $4,000. However, the subsequent government bailouts and money printing has led to many fearing fiat currencies will suffer from high inflation, highlighting the importance of hard money. Since the...

Location: Remotely Date: Friday 11th December Company: The Rebel Capitalist Show Role: Host Bitcoin is a revolutionary thing that will potentially have a hugely positive impact on the world. Bitcoiners believe in its ability to change many aspects of the modern world by reducing the role of the state and leading to a more open and free society but this vision isn't shared by all. With memes like B...