by Rushali 
The whole Twitter crypto fan base is almost in a warlike state after some Elon musks tweets were blamed to put bitcoins price to dust and also blaming his tweets towards controlling the whole crypto market.
Some people also tweeted out to ban Elon musk from Twitter as they claimed that he is the one manipulating the crypto market.
The fan war grew into a volatile mess to such an extent that Elon musk had to put out a tweet to clarify that Tesla didn’t sell their bitcoin holdings and we’re not responsible for the market crash.
In fact, it all started with “Dogecoin” when Elon musk replied to a tweet saying “ obnoxious tweets like this sometimes makes me go all-in On Dogecoin” sparking a forest fire in the community. It was a tweet by someone criticizing the decision taken by Elon musk on dropping bitcoin as a payment method due to the lack of knowledge on the energy consumption issue pointed out by him in regards to bitcoin.
Some of the wiser tweeters tweeted if somebody believes that a single man’s tweet can bring the value down of bitcoin to such extent then How are you even taking this as a future form of currency?
This is a valid statement if you ask me…The funny thing was the whole Dogecoin community was silent and calm when everybody was yelling and tweeting to ban Elon musk from Twitter. Obviously, it didn’t happen and it might never happen but, using the casual influence he has on his fans can actually do harm to the prices so, Elon Musk must be a little more responsible with his tweets as it might even lead to losing credibility from his general image.
I think Musk is the second richest man on earth should hold some responsibility with his words and should work towards the betterment instead of casually wasting it on Twitter like the man we are going to talk about today, although he might not be the second richest or third richest but, holds a prestigious amount of wealth if considered the crypto space.
We will be talking about Tony Gallippi, the man behind the world’s first bitcoin payment processor Bitpay and ironically there was a time when bitpay was the direct competitor to PayPal, a payment company formerly owned by Elon Musk. So, let’s dive deep into Gallippi’s life and his business choices along with his net worth holdings. We will be looking at some prestigious numbers…kindly read till the end.
Introduction
Tony Gallippi is also known as Anthony Gallippi was born in Baltimore, USA and he completed his bachelor’s degree in mechanical engineering from the popular Georgia Institute of Technology while in 1996.
On completing his education he didn’t jump into bitcoins directly, as a matter of fact, Bitcoins were not invented till 2008 and it was 1996.
Soon, after Tony Gallippi completed his education in January 1997, He started his career as the Regional sales manager of Industrial devices corporation. As the name suggests it was a firm which used to deal in industrial devices and he was in the sales department of the company.
After serving as the RSM of the company in 2001 he moved on to join Aerotech as the District sales manager, Aerotech is a company that excelled and still Excels in motion control and automation of the most complex applications in various industries with a worldwide prescience and more than 50 years of experience.
After working in the sales field for almost close to 15 years in 2011 he founded Bitpay The world’s first bitcoin payment processor along with one of his college mates Stephen Pair. Working as a pair Stephen handled had an interest in cryptography and the mechanics of financial markets and Gallippi handled the client base and client management including the sales of the company/service.
Bitpay was the only company of that time that let users use a card to pay through bitcoins and also withdraw cash from selected ATMs. As reported in 2018, Bitpay grew to support more than 8000 merchants in 98 countries and is looking forward to the mass acceptance of bitcoin as a viable form of payment.
At present you can use Bitpay to pay for various online services and products like VPN, hosting etcetera.
Also Read : James Altucher Net Worth
Tony Gallippi Net worth
As we know and also mentioned above that Bitpay was once a direct competitor for PayPal which is now the worldwide standard for payments. Do we need to provide any guesses for the scale of net worth Mr. Gallippi might hold?
No, it should be clear by now that it must be in millions.
The assumed net worth that he holds is no less than 20 million US dollars and this is just an assumption. It is not the numbers, it is the prestige and credibility he holds and is not very proactive on Twitter taking his position and influence seriously. *wink*
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