BITPAY PLANS TO HAVE ‘ONE MILLION MERCHANTS TAKING BITCOIN BY THE END OF 2016’

Bitcoin merchant processing company BitPay has been on quite a roll. They have been making news on a consistent basis since signing WordPress as the first major international merchant to accept Bitcoin back in November of 2012. CCN decided to catch up with BitPay’s Vice President of Marketing, Stephanie Wargo, to learn more about where BitPay and Bitcoin are, and where they’re headed as we look forward to 2015.
Evander: Can you provide some history of how BitPay started? What are it’s origins?
Stephanie: BitPay was founded in May 2011 by co-founders Tony Gallippi and Stephen Pair. Stephen started programming at a young age and spent much of his early career focused on languages, compilers, operating systems and virtual machines. Later, he developed an interest in the mechanics of financial markets, economics and monetary systems as well as developments in cryptography. This led him to bitcoins and in speaking with his long-time college friend Tony, they talked about the need for places where people could spend bitcoins, and BitPay was formed.

This post was published at Crypto Coins News on October 16, 2014.