{"id":469239,"date":"2021-08-14T20:00:09","date_gmt":"2021-08-14T20:00:09","guid":{"rendered":"https:\/\/uniquehot.com\/?p=469239"},"modified":"2024-06-11T07:03:04","modified_gmt":"2024-06-11T07:03:04","slug":"family-that-went-all-in-on-bitcoin-at-900-stores-fortune-on-four-continents","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/family-that-went-all-in-on-bitcoin-at-900-stores-fortune-on-four-continents\/","title":{"rendered":"Family That Went &#8220;All-In&#8221; On Bitcoin At $900 Stores Fortune On Four Continents"},"content":{"rendered":"<p>Meet &#8220;The Bitcoin Family&#8221; that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a\u00a0\u00a0wife and three kids. They are known as the family that liquidated all their assets in 2017 to buy Bitcoin back when it was trading at around $900. Taihuttu is a true example of a Bitcoin enthusiast. According to him on his <a href=\"https:\/\/diditaihuttu.com\/about\/\" rel=\"nofollow\">website<\/a>, after losing his mother, and later his father, he &#8220;started reflecting life more and more and discovered that the life I was living was not the life I wanted to live. I experienced that Life could go very fast and that I needed to change.&#8221;<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/uniquehot.com\/news\/bitcoin\/10-everyday-in-bitcoin\/\">By The Numbers: What $10 In Bitcoin Each Day Would Net Investors<\/a><\/strong><\/em><\/p>\n<p>The Dutchman sold his 11-year-old business along with everything he owned &#8211; from his house down to his children\u2019s toys. Then he bought a van hit the road with his family to live a minimalistic nomad life, waiting for a crypto boom to happen. This was in 2017.<\/p>\n<h2>Taihuttu\u2019s Long-Running Involvement In Bitcoin<\/h2>\n<p>Before he became popular, Didi had learned about Bitcoin as far back as 2013. He, along with two of his friends, started mining for Bitcoin. In Taihuttu\u2019s words: \u201cI am an entrepreneur, so when I first heard about bitcoin, I said: Let\u2019s do this.\u201d Unfortunately, that venture was unsuccessful, so he shut it down. According to him, he lost his faith in BTC during the crash in 2014.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/TMDnxDWk\/\" alt=\"Bitcoin price chart from TradingView.com\" width=\"1348\" height=\"705\"><\/p>\n<pre style=\"text-align: center\">BTC price now trending around $46,000 | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/UG2tjOD6\/\" rel=\"nofollow\">BTCUSD on TradingView.com<\/a><\/pre>\n<p>But that was not the end of his relationship with Bitcoin, as he kept crossing paths with the cryptocurrency. When he saw that more people started to buy Bitcoins, he deduced that what would follow would be a monetary revolution. And he was not wrong. This revelation was what prompted him to go all in. It is estimated that at that time, after selling all his assets, he managed to acquire about 100 Bitcoins valued at roughly $350k.<\/p>\n<h2>The family\u2019s Secret Crypto Vaults<\/h2>\n<p>The\u00a0family has made a fortune from their investments and has decided to store this fortune in secret vaults. These vaults are located in different countries on four different continents. Taihuttu has two hiding spots in Europe, another two in Asia, one in South America, and a sixth in Australia, according to this\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.cnbc.com\/amp\/2021\/08\/11\/bitcoin-family-hides-bitcoin-ethereum-and-litecoin-in-secret-vaults.html\" target=\"_blank\" rel=\"noopener nofollow\">CNBC<\/a>\u00a0article.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/uniquehot.com\/news\/samsung-will-help-korea-with-cbdc-development\/\">How Samsung Will Help The Bank Of Korea With CBDC Development<\/a><\/strong><\/em><\/p>\n<p>&#8220;I have hidden the hardware wallets across several countries so that I never have to fly very far if I need to access my cold wallet to jump out of the market,&#8221; said Taihuttu of the Bitcoin Family. The family told CNBC that the crypto stashes are hidden in different ways and a variety of locations, ranging from rental apartments and friends&#8217; homes to self-storage sites. Taihuttu explained: &#8220;I prefer to live in a decentralized world where I have the responsibility to protect my capital.&#8221;<\/p>\n<h3>Didi Taihuttu And His Family\u2019s Nomad Life<\/h3>\n<p>In 2017, the Dutch family embarked on a new life, documenting their travels on\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.youtube.com\/channel\/UCUoUHFzK8wmG6nCLXYLE0qQ\" target=\"_blank\" rel=\"noopener nofollow\">YouTube<\/a>\u00a0and other social media platforms. \u201cMy wife agreed that we were very happy as a traveling family and that we needed to teach the kids that they can be very happy without all the luxury we used to have,\u201d explained Taihuttu.<\/p>\n<pre style=\"text-align: center\">Featured image from yolofamilytravel.com, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Meet &#8220;The Bitcoin Family&#8221; that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a\u00a0\u00a0wife and three kids. They are known as the family that liquidated all their assets in 2017 to buy Bitcoin back when it was trading at around $900. Taihuttu is a true example of a Bitcoin enthusiast. According to him on his website, after losing his mother, and later his father, he &#8220;started reflecting life more and more and discovered that the life I was living was not the life I wanted to live. I experienced that Life could go very fast and that I needed to change.&#8221; Related Reading |\u00a0By The Numbers: What $10 In Bitcoin Each Day Would Net Investors The Dutchman sold his 11-year-old business along with everything he owned &#8211; from his house down to his children\u2019s toys. Then he bought a van hit the road with his family to live a minimalistic nomad life, waiting for a crypto boom to happen. This was in 2017. Taihuttu\u2019s Long-Running Involvement In Bitcoin Before he became popular, Didi had learned about Bitcoin as far back as 2013. He, along with two of his friends, started mining for Bitcoin. In Taihuttu\u2019s words: \u201cI am an entrepreneur, so when I first heard about bitcoin, I said: Let\u2019s do this.\u201d Unfortunately, that venture was unsuccessful, so he shut it down. According to him, he lost his faith in BTC during the crash in 2014. BTC price now trending around $46,000 | Source: BTCUSD on TradingView.com But that was not the end of his relationship with Bitcoin, as he kept crossing paths with the cryptocurrency. When he saw that more people started to buy Bitcoins, he deduced that what would follow would be a monetary revolution. And he was not wrong. This revelation was what prompted him to go all in. It is estimated that at that time, after selling all his assets, he managed to acquire about 100 Bitcoins valued at roughly $350k. The family\u2019s Secret Crypto Vaults The\u00a0family has made a fortune from their investments and has decided to store this fortune in secret vaults. These vaults are located in different countries on four different continents. Taihuttu has two hiding spots in Europe, another two in Asia, one in South America, and a sixth in Australia, according to this\u00a0CNBC\u00a0article. Related Reading |\u00a0How Samsung Will Help The Bank Of Korea With CBDC Development &#8220;I have hidden the hardware wallets across several countries so that I never have to fly very far if I need to access my cold wallet to jump out of the market,&#8221; said Taihuttu of the Bitcoin Family. The family told CNBC that the crypto stashes are hidden in different ways and a variety of locations, ranging from rental apartments and friends&#8217; homes to self-storage sites. Taihuttu explained: &#8220;I prefer to live in a decentralized world where I have the responsibility to protect my capital.&#8221; Didi Taihuttu And His Family\u2019s Nomad Life In 2017, the Dutch family embarked on a new life, documenting their travels on\u00a0YouTube\u00a0and other social media platforms. \u201cMy wife agreed that we were very happy as a traveling family and that we needed to teach the kids that they can be very happy without all the luxury we used to have,\u201d explained Taihuttu. Featured image from yolofamilytravel.com, chart from TradingView.com<\/p>\n","protected":false},"author":545,"featured_media":469240,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,679,1119,1144,78790,84025],"class_list":["post-469239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-the-bitcoin-family"],"acf":[],"yoast_head":"\n<title>Family That Went &quot;All-In&quot; On Bitcoin At $900 Stores Fortune On Four Continents<\/title>\n<meta name=\"description\" content=\"Meet &quot;The Bitcoin Family&quot; that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a\u00a0\u00a0wife and three kids. They are known as\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/family-that-went-all-in-on-bitcoin-at-900-stores-fortune-on-four-continents\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family That Went &quot;All-In&quot; On Bitcoin At $900 Stores Fortune On Four Continents\" \/>\n<meta property=\"og:description\" content=\"Meet &quot;The Bitcoin Family&quot; that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a\u00a0\u00a0wife and three kids. 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