What happened to family that sold everything for bitcoin

Didi Taihuttu sold almost everything he owned, including his business, house and car, and put all that money into bitcoin. Emilio Janus 7 months ago. Data also provided by.

He invests everything in bitcoin

Jeff Francis Oct 12, A man from the Netherlands is betting that the value of Bitcoin will multiply in the upcoming years, and he has sold everything his family owns to make that bet. A lot of people are betting on Bitcoin becoming even more accepted and entrenched in the marketplace, even global financial institutions like Goldman Sachs. However, one man in the Netherlands is really going out on a limb on the perceived rosy future for Bitcoin. Didi Taihuttu, age 39, has sold everything that his family owned and moved them all, including his wife and three daughters, into a campground.

Traveling the world for nine months

When Didi Taihuttu pictured, far right, with his family sold everything he owned to go all-in on Bitcoin last year, his controversial decision evoked diverse reactions from the public and the crypto sphere. Six months after his life-changing act, Bitcoin News caught up with him, speaking about the driving forces behind his decision, as well as on the trajectory of fintech start-ups and initial coin offerings ICOs. Bitcoin News BN : You sold your family home in the Netherlands to live in a chalet with your family, and are currently in the process of selling your possessions in order to invest further into Bitcoin. What is the primary cause driving you to change your life like this? Didi: We went all-in [on] Bitcoin between February and September The two main reasons are on the one hand I felt the monetary revolution was starting and on the other hand we did it to live a minimalist lifestyle and show our children we can be very happy without having all the luxury.

The crypto-believers

Not long ago, Didi Taihuttu39, lived with his wife and three children in a beautiful house in Venlo, The Netherlands. The house had two bathrooms, a spacious living room, conservatory and veranda. Joli, 12, Everytying, 10, and Jessa, 7, each had their own room and could play in the spacious garden. Now the Taihuttus wake up on a campsite every morning. Their home has been sold, as well everrything the three cars, a motorbike, electric bikes, and even the children’s toys.

If you never take a risk, life is boring. Kids friends sleep over in our overcrowded chalet! Only girls, please help daddy! Taihuttu invests the proceeds from the house and the rest of their possessions in bitcoin, the electronic money designed in by the mysterious Satoshi Nakamoto.

Currently, a bitcoin is worth more than 5, dollars and hundreds of other fro coins have been created. Taihuttu has been invested in bitcoin since He believes that the currency and the underlying blockchain technology will revolutionize the monetary. In five yearseveryone will say: ‘We could have seen it coming,'» said Taihuttu. I do not think we are taking a risk.

Taihuttu plans to bet everything on crypto coins untilat which point he hopes hqppened and blockchain will be irreplaceable and his wealth will be evertyhing three to four times as. In the meantime, the family lives with fewer things. Taihuttu had to do quite some talking to convince his what happened to family that sold everything for bitcoin of his bold plan.

Whwt the end, she said yes, because they believe the minimalist way of life is best for the children. And that was what we were doing, to be honest. During the nine-month world trip he made with the family, Taihuttu saw how little some children in impoverished areas of Asia.

That opens your eyes. With that in mind, Taihuttu finds that they do not give up much at all by living on a campsite with little stuff. The Zapps have traveled the world for 17 years and had four children in the meantime. They happened fmaily be in the Netherlands, and Taihuttu contacted. On Instagram, he called the meeting «a dream come true. The Taihuttus may also travel tl. And wat it fails? But I do not think that’s the worst thing that can happen in life.

Read the original article on Business Insider Netherlands. Herwin TholeBusiness Insider Nederland. Snapchat icon A ghost. Didi Taihuttu, 39, is a father of three, living in the Netherlands. He sold everything he owned, including his house and his childrens’ toys, to invest the money in bitcoin. Now, the family lives on a campsite, waiting for the ultimate cryptoboom. When people say he’s crazy, he tells them that his family is adventurous, and they’re willing to take the gamble.

The Family that sold EVERYTHING for Bitcoin!

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The year-old has put his house up for sale — btcoin it in part for bitcoin — and now lives with his family on a campsite near Venlo in The Netherlands. But then I got into it, and it made me believe it was a good change in our lives — for familj children, for my husband, and for. By agreeing you accept the use of cookies in accordance with our cookie policy. We don’t have the motorcycle anymore. The decentralization offered by blockchain also means that cryptocurrencies aren’t tied to any one country or government. Taihuttu thinks digital coins such as bitcoin and the blockchain technology behind it are transforming the role of money and banks in society. Both taken far too soon, and what gets left behind? The family is still in the process of liquidating assets and investing bitcoun proceeds in cryptocurrencies as they go.