“Many Bitcoin tycoons are devoting themselves to expanding the currency’s reach. Yifu Guo was a digital media student at New York University when he began mining some of the first coins, occasionally cashing in a few to help pay his rent. After he recognized Bitcoin’s potential, he quit school and founded a company called Avalon, which sells hardware built solely for the purpose of mining Bitcoins. Tony Gallippi is CEO of BitPay, a payment processor he co-founded in 2011 that enables online merchants to accept Bitcoins. He says he includes Bitcoins in his investment portfolio along with stocks, bonds, and real estate.”

http://www.businessweek.com/articles/2013-04-10/meet-the-bitcoin-millionaires

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