How PubKey Revived Bitcoin Culture in New York City

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Frank Corva is a writer and analyst for digital assets at Finder.com. As someone who’s lived and traveled all over the globe, he loves the idea of the world being connected by Bitcoin (BTC) — a neutral, apolitical, secure and borderless network and digital currency.

The biggest and most established global hub for everything crypto, blockchain and Web3.That’s what Thomas Pacchia said to me as I entered his bar, PubKey, located below street level in Greenwich Village, New York City, one frigid night in late-2023.

As you head toward the back of the bar, you pass through a smaller room filled with whimsical bitcoin-themed posters and signs as well as a photo booth and a retro arcade table, before entering the more spacious back room, which Pacchia calls “the attic”, presumably because of the angular shape of the ceiling. This is where the bar holds its Bitcoin meet-ups, and it’s also where you’ll hear from some bigger names in the Bitcoin space who have presented to upwards of 60 people in the room.

At that point, he decided to pursue a Master’s in Finance — his third graduate degree after JD and LLM degrees. “I think a decent of builders left because it was hostile,” says Pacchia.BitDevs NYC“The bedrock of Bitcoin in New York is definitely BitDevs,” explains Pacchia. “BitDevs kept the focus on Bitcoin, which was really important, because in 2016 2018, there was a lot of money flowing into Ethereum. lots of mixers. There was crypto Mondays and Ripple stuff and Cardano stuff, and there was lots of money being thrown around by VCs to have events.

 

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