Bitcoin and Dive Bars: The Pillars of Civilization | Guest: Thomas Pacchia | Ep 365
One of the most precious things COVID lockdowns took from us was the ability to gather, to socialize, and of course to drink together. Matt Kibbe sits down for a beer with Thomas Pacchia, the founder and CEO of PubKey, a Bitcoin-friendly establishment with locations in New York and Washington, D.C. Pacchia explains the importance of Bitcoin, not as part of an investment portfolio, but as a medium of exchange protected from the government’s manipulation of the money supply. His bars aim to offer a low barrier to entry for new and inexperienced Bitcoin users to start treating the technology as an actual currency, while at the same time encouraging community and friendship among like-minded individuals.
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Sid Sidman
Maybe I should talk to you and Thomas Pacchia. I’m a deadhead and co-owner of an independent craft brewery in PA. My business partner does not like my idea of accepting bitcoin for payment in some capacity. I brought up the idea years ago that we accept bitcoin for online payments of merch purchases. I thought it would be a way to see how it works out and if we should expand bitcoin payment acceptance for other transactions. My idea was never implemented but I still feel it is something we should try. Would love to hear your thoughts. I should reach out to Thomas Pacchia as well to see if he would share his thoughts with me. Spending too much time wondering what to choose!