meta_pixel
Tapesearch Logo
Log in
The Peter McCormack Show

Building a Bitcoin Community with Thomas Pacchia - WBD629

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 10 March 2023

⏱️ 65 minutes

🧾️ Download transcript

Summary

Thomas Pacchia is a Bitcoin entrepreneur and the co-owner of Pubkey, a Bitcoin bar in New York City. In this interview, we discuss how a desire to revive a local bar after Covid inspired the establishment of Pubkey, its importance as a focal point for Bitcoin in New York City, and how its success could inspire more Pubkeys in more cities.

- - - -

The leisure industry has taken a battering during Covid, and many businesses have fallen by the wayside. These places are hugely undervalued: bars in particular are relaxed locations that can cement neighbourhoods, providing spaces for people to interact outside of the pressures of work and family. And once they're gone, that's usually it.

However, bars don't only work for localised communities, they can act as a haven for disparate communities bonded by a shared passion, heritage or sexual orientation. Heavy metal bars, sports bars, Irish bars, gay bars: these can be vital meeting places for those seeking like-minded people, particularly in an atomised international city. Well, now you can add Bitcoin bar to the list.

Whilst many of us were slowly trying to make sense of the post-Covid world, Thomas and his wife decided to be the change they wanted to see. They saw a chance to take on a local dive bar and create a haven for Bitcoiners in New York. In a few short months, they have turned that pipe dream into a reality. It is now the go-to venue for Bitcoiners in the Big Apple.

Built from the principle that it must first and foremost win its reputation for service, food and ambience, it has also forged a strong and unique Bitcoin-centred character. It hosts regular BitDevs, mining and Lightning meetups. It also hosts events such as live podcast shows! As a result, it has become a very popular haunt. And there are plans for other Pubkeys in other cities.

So, what's the secret sauce? As a regular punter put it in a recent Bloomberg article about Pubkey "I like drinking and I like Bitcoin". Simples.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

It's a special thing when somebody comes in they pay in Bitcoin and they go through sort of the ritual of getting out the separate

0:14.4

POS and it's the Zeus wallet which has like an awesome like user interface and you'll

0:19.8

have people like a couple barstools down just sort of like looking over like what the

0:23.3

fuck is that hello there how are you all hey you having a good week it's been a very

0:28.8

busy week here me and Danny have been very busy planning our UK events which are coming up in the middle of April

0:34.8

about six five six weeks ago for that it's the final railbed for game of the season we've

0:38.9

got a WBD live and a bunch of stuff happening with that and we're also planning what's going to be going on in Miami in May for the

0:45.3

Bitcoin conference. Lots of cool stuff to tell you about soon. Anyway, welcome to the What

0:49.6

Bitcoin did podcast, which is brought to you by Gemini, the only place I'm using for

0:53.3

buying Bitcoin. I'm your host Peter McCormack and today I've got one of the

0:56.4

owners of Pubkey on the podcast, O.G. Bitcoiner, an all-round legend Thomas

1:00.7

Pacia. Do you know what I don't even know that's how you

1:03.6

pronounce his surname? I've never actually asked. It might be Pacia, it might be

1:06.5

Pacia, but it's Thomas anyway. Now whilst we were out in New York Thomas and

1:10.7

the guys at Pubkey put us up. They put us up there in their upstairs room and allowed us to record a whole bunch of shows and we also hosted our WBD live event in the bar with the legendary jun Seth which if you haven't checked out, please do go and check out.

1:24.0

And after a busy week of recording, I sat down with Thomas and we got into the importance of

1:28.0

Bitcoin Meatspaces and why he decided to open a dive bar in New York.

1:32.0

A very cool bar, by the way, if you're in New York, a very cool bar by the way.

1:33.2

If you're in New York, you've got to go and check out Pubkey.

1:35.4

But it was also a good exercise for me

1:37.0

because I'm currently trying to buy a bar in Bedford.

1:39.5

I wanted to learn about what goes on with this stuff.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Peter McCormack, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Peter McCormack and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.