The Currency analytics

DCTRL vancouver closes its legendary hackerspace after 12 years

By Pankaj K

DCTRL is bowing out. The iconic Vancouver hackerspace is closing its downtown doors after twelve years, falling victim to changes in municipal zoning laws.

The place has left a mark on Canadian crypto history. Figures like Vitalik Buterin, Roger Ver, and Andreas Antonopoulos have walked its floors.

It all started with a bang. October 2013.

The Bitcoiniacs installed their ATM at the Waves café on Howe Street. Heartline still remembers that launch night.

They quickly found a basement downtown. The place soon became a haven for Bitcoin engineers, crypto startup founders, and budding developers.

The "Bepsi" machine changed everything. For more details, see SEC Chairman Pushes Hard for Crypto.

It became a testing ground for the most innovative Bitcoin protocols. Developers tested their codes on it, and visitors enjoyed buying sodas with their cryptos.

Years passed, and DCTRL established itself as a must-visit. Heartline sometimes had to set up a tent on the roof when finances tightened with Bitcoin market fluctuations.

Mayor Ken Sim recently visited the space. He discovered the famous Bepsi and marveled at the cultural impact of the place.

Several local startups owe their existence to meetings organized at DCTRL. In 2015, a project with MintGreen emerged, aiming to develop sustainable energy solutions for Bitcoin…

Now comes the big leap. Members meet regularly to plan the transition. Gray insists: "We want to take advantage of this opportunity to strengthen our network.

The exact date of the move remains unclear. Negotiations for the new premises are dragging on, and municipal permits are taking time.

DCTRL's economic impact extends far beyond its walls. A 2019 study by the Vancouver Economic Commission estimates that tech hackerspaces generate an average of $2.

The closure comes as Vancouver aims to become a major blockchain hub. The city council recently approved a $15 million digital strategy over five years, including a section…

Read Full Article