Everybody thinks Bitcoin and different cryptocurrencies are too dangerous to pour all their wealth into for the apparent causes of them having large volatility – everybody is just too scared that such wealth may scale back massively inside no time however then once more nobody desires to think about how wealthy they might be if that cash generates huge wealth very quickly.
Nicely, that’s the cautious strategy each monetary wealth and financial advisers would fairly have you ever assume.
However not this Dutch household! Didi Taihuttu, his spouse, and their three kids live out a problem. They bought their laptop coaching enterprise, 2,500 sq. foot dwelling, toys, and all the pieces, to embark on a brand new type of residing.
“I select that my life is rarely boring and to see life as an journey. Generally in life, you’re taking unusual steps however they principally result in the very best issues. I took many like these steps in my life and I by no means remorse them. Identical to the step I took of promoting all our households’ belongings incl. our corporations and home after which investing all of it in Bitcoin.”
And the aim of the story is neither to have you ever take that strategy nor the opposite!
All of us have undoubtedly seen a number of Web posts from folks crying about how they purchased Bitcoin with all their wealth after which it turned to be a supply of ache. Nevertheless, for Taihuttu and his household, it appears as if one’s funding technique additionally has an enormous say on whether or not that may occur.
The household is now fortunately touring the world over in what they confer with as “decentralized nomadism,” with backpacks and no luxurious items. And that’s not the one factor they discover value doing with their lives. In addition they wish to educate a distinct message to the world – it’s attainable to dwell with out luxurious.
They’ve traveled in 40 international locations and don’t personal any financial institution accounts. Their wealth – nearly all in Bitcoin, Ethereum, and Litecoin – is safeguarded in vaults in 4 totally different continents. The remaining is saved with them for buying and selling and different bets.
Taihuttu, 42, performed skilled soccer until he was 20, completed faculty, and began three corporations. Then drastically realized he wasn’t residing the best way he would wish to. Then he bought all the pieces together with the three corporations and began touring with household to mix all his ardour. He wasn’t motivated by Bitcoin then.
“Throughout the travels, a pal jogged my memory to verify the Bitcoin and Doge cash I mined in 2013. To be trustworthy I misplaced religion in BTC in the course of the first crash in 2014 however Bitcoin saved crossing my path, even in the course of the household journey.”
“My life agreed that we have been very glad as a touring household and that we wanted to show the youngsters that they are often glad with out all the luxurious we had at dwelling. So we determined to promote our home and all our different belongings to assist the revolution and go all-in Bitcoin.”
Collectively they’ve authored a e-book The Bitcoin Household: How Braveness Led Us to Fortune (To B or to not B)], all with recommendations on how you can put money into Bitcoin. Not solely that, they’ve now reaped massively from their Bitcoin investments through the years regardless of the worth collapsing to the mid-$3,000s vary in 2018.
The household additionally movies and paperwork their way of life and shares on their YouTube and IGTV channels. Their way of life can be being documented by a number of skilled documentary makers.