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Basement Degens Displaced: Vancouver's OG Bitcoin Speakeasy Evicted After 12-Year Bull Run on Zoning Violations
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Basement Degens Displaced: Vancouver's OG Bitcoin Speakeasy Evicted After 12-Year Bull Run on Zoning Violations

DCTRL, Vancouver's legendary Bitcoin hackerspace, is being booted from its subterranean lair after a glorious 12-year stint. The eviction notice comes courtesy of the city's zoning board, proving that even the most decentralized projects can't escape the centralized claws of municipal bureaucracy. The community, however, is plotting its next move and promises to reveal its new sovereign territory soon.

Vancouver's crypto cred was minted with the planet's first Bitcoin ATM, and DCTRL became the de facto town square. This dimly-lit basement played host to a who's who of crypto royalty and incubated the kind of chaos that built the industry, functioning as a petri dish for the entire ecosystem's early, weird years.

The crew is now packing up their nodes and preparing to redeploy, using the lessons from one of crypto's longest-running physical DAO experiments as a blueprint. The saga started in 2013 at Waves cafe with The Bitcoiniacs—a four-person squad of OGs who successfully jury-rigged that historic first ATM.

"The first Bitcoin ATM in the world was a massive event," recalled Freddie Heartline, a founding degenerate. "The vibes were incredible. It literally felt like a really good rave. But it was smarter. Way smarter." It was basically a rave for people who preferred cryptographic proofs over glow sticks.

The timing was so perfect it hurts. In October 2013, Bitcoin was chilling around $100, quietly loading its rockets. The ATM launch broke the news cycle, moved tens of thousands of dollars in digital orange pills, and probably accidentally created a few "I just HODL'd" millionaires. It also spawned an entire industry of copycat ATM builders, because imitation is the sincerest form of flattery and potential revenue.

This energy blast catalyzed DCTRL's birth, first dubbed "Decentral Vancouver." Cameron Gray proposed getting a dedicated space after Heartline whined about the cafe's bad lighting—a truly foundational complaint. They promptly secured a grimy, perfect downtown basement, the ideal habitat for cryptographers.

Over the years, the space became a museum of hardware and Bitcoin memes, a beacon for builders, founders, and anons. During one brutal bear market when BTC dipped to a soul-crushing $300, Heartline even took up residence in a tent on the roof to help cover rent, achieving peak degen survival mode.

DCTRL started hosting meetups and began attracting the local tech startup crowd, including events for Vancouver Startup Weekend. A young Vitalik Buterin even graced the space in Ethereum's primordial days, likely before he realized he'd need to invent gas fees.

A key piece of community lore was forged when a member named Greg donated $500 with a creative mandate. The result was the "Bepsi" machine—a hacked Pepsi vendor that dispensed liquid sugar in exchange for sats. It was a beautiful, caffeinated proof-of-concept.

The glorious thunk of a soda can dropping became DCTRL's anthem. The Bepsi evolved to support almost every Bitcoin protocol, from Taproot Assets to Lightning, and even spawned its own token. "One Bepsi equals one soda from the Bepsi machine… it's like a stable coin… pegged to the price of the pop can," Heartline explained, describing perhaps the only truly honest stablecoin in existence.

Revenue from the Bepsi helped keep the lights on. Throughout its run, DCTRL hosted legends like Roger Ver, Andreas Antonopoulos, Willy Woo, Erik Voorhees, and even the infamous Gerald Cotten of QuadrigaCX—a guest list covering the full spectrum from hero to zero.

The space also reflected the industry's civil wars. Co-founder Cameron Gray championed the 'big block' cause during the fork wars, leading to heated debates and community fractures. DCTRL hosted debates on the topic, serving as a physical battleground for these ideological clashes.

In its 12-year marathon, DCTRL hosted hundreds of events, onboarded over 1500 members, and published 69 talks online—a nice number. It was run entirely by volunteer degenerates and funded by donations and the relentless, sugary sales of the Bepsi machine.

Now, with the location rezoned for "progress," the DCTRL collective is

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Publishergascope.com
Published
UpdatedFeb 28, 2026, 03:01 UTC

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