Peter McCormack, a prominent Bitcoin podcaster and owner of Bedford FC, has announced that he plans to address rising crime rates in Bedford—a task he believes he can handle better than the local police. You could almost think of him as a modern-day Batman, perhaps.
Yet, the legal ramifications of his initiative remain unclear.
“If the police can’t keep our women and children safe, as I promised I would do, then I will,” McCormack stated on a post. He elaborated that he is financing a pilot project to enhance security in Bedford, England, which involves deploying ten security guards to patrol the town center every Saturday.
“The police have let us down,” McCormack expresses.
He further elaborated, “The police have failed us. There are more issues, like increased drug problems and shoplifting, which means fewer people feel safe coming into town.”
McCormack indicated that this move follows his warnings to the police. “I have notified them that they haven’t delivered,” he mentioned.
With around 185,800 residents, Bedford is situated about two hours from London. McCormack, who is an active supporter of the town, owns several businesses here, including the local football team, Real Bedford FC, often dubbed a “Bitcoin soccer team” for its crypto-related backing.
He has invited local residents to engage in discussions regarding the crime issues, encouraging community participation in meetings to build further support.
However, it’s worth noting that there are legal concerns regarding how these private security guards can operate in public spaces in the UK. Their role may lean more towards gathering intelligence for the police by providing visual evidence, especially given the rise in traffic vigilance nationwide.
A global trend toward private security?
While this idea of privately funded security might seem offbeat, experts suggest it’s increasingly becoming a norm. Staffing shortages in law enforcement, particularly highlighted in discussions at the San Francisco Police Station earlier this year, mean communities are turning to private security firms to fill the gap.
“Private security is already vital for public safety in areas where the police cannot provide adequate resources,” noted an expert on the subject. Yet, for this model to succeed, cooperation between private entities and public law enforcement is crucial.
“We need to find a way to establish that partnership, ensuring accountability and effectiveness,” he added.
McCormack has not yet responded to requests for comments regarding this initiative at the time of publication.





