In a goodbye message riddled with references to Douglas Adams’ The Hitchhiker’s Guide to the Galaxy, Platzer wrote: 18 Reddit post from Joerg Platzer, founder of the bar. Bitcoin history!" suggested Charlie Shrem.Room 77, a legendary Berlin-based watering hole and Bitcoin hub closes down, according to an Oct. "Noooooo! We should all chip in and buy it. As soon as the news hit crypto Twitter, the ROOM77 eulogies came flooding in there too. "Thanks for providing the inofficial embassy of Bitcoin in Berlin to us earthlings," wrote another. To freedom of transactions!" wrote one Redditor. Regardless, Platzer's farewell sent a deluge of people paying tribute, giving thanks, and sending warm wishes to a bar and its founder who clearly left a significant mark on the community. Platzer didn't specify the reason for closure, but with COVID-19 ravaging business worldwide, some suspected the pandemic to be the culprit. ROOM77 didn’t just bootstrap Bitcoin as a legitimate payment method, it helped spread a message of financial revolution to patrons and offered refuge to those ostracized for believing that Bitcoin was more than just a novel experiment. "Therefore, Kreuzberg is actually a perfect ground for bitcoin to arrive and to reach people and to convince them.” "Kreuzberg traditionally is an area in Berlin where people are politically very aware, where people are critical toward existing systems, and where people are discussing and looking for alternatives," Platzer told the Guardian in a 2013 interview. However, soon, the message had spread outside of ROOM77, and the sprawling Kreuzberg district of Berlin quickly became home to a local but thriving Bitcoin economy.įrom record shops to Parisian style cafes, Bitcoin's usage in the Berlin suburb pervaded, and in turn helped dissipate the asset’s long-held stigma for criminal use. While many are aware of the first commercial Bitcoin transaction - the infamous 10,000 bitcoin shilled out for 2 Papa John's pizzas in 2010 - few know that ROOM77 played host to what was likely the first-ever in-store transaction: bitcoin for beer, circa 2011.įrom that initial transaction, the bar continued to accept bitcoin in exchange for booze and burgers, drawing in a niche crowd of cypherpunks, crypto-anarchists, and libertarians alike. And we had a great time doing so, having a lot of fun and making many friends," he added. "We therefore stopped by, occupied that little joint in Berlin Kreuzberg and started promoting and explaining the importance of this step to the unaware public and offering a place where the development of the technology is being driven forward.
The first ten years of such a money are crucial, as there are always forces who want to hold back development and keep you in chains.
Once a civilisation has developed a planetary hard money system, it usually does not take long until its members become peaceful and start putting their resources into developing longevity and space travel instead of governments and weapons.
The message, which was more a homage to Bitcoin than an Auf Wiedersehen to ROOM77, embodies the same eccentric, community-focused, and Bitcoin-driven characteristics as the bar itself. Thanks for all the fish and the generous tips!" Platzer wrote in the Bitcoin subreddit. We think our mission is accomplished, and it is time to go back to our home planet. The news was broken by Bitcoin activist, economist, and ROOM77 owner Joerg Platzer over the weekend. It's closing time for ROOM77 the self-avowed "restaurant at the end of capitalism." The Berlin-based cypherpunk watering hole is among the first-ever bars to embrace Bitcoin - not just as a means of payments, but as a concept too.
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