In the southeastern region of Netherlands, in a campsite just outside Venlo, you can find Didi Taihuttu, his wife and three daughters.
They didn’t always live there though, the 39-year-old only recently putting up his house, the family car, motorbike, electric bikes, the children’s toys, clothing and shoes up for sale.
With the proceeds, Taihuttu buys bitcoin and other cryptocurrencies, because, well, he believes in them in a big way:
“People will say, ‘You’re crazy,’” Taihuttu told Business Insider. “But we are an adventurous family and are going to gamble for a moment to live minimalist lives. If you never take a risk, life is boring.”
“The Internet was a revolution for information. I think that blockchain and cryptocurrency are revolutionizing the monetary system,” says Taihuttu. “In five years’ time, everyone will say: ‘We could have seen it coming.’ I am responding to this change now.”
When Didi and his family travelled through Asia and Australia for nine months, he bumped into people who were using digital coins and the idea began to percolate:
In Bali, he met a South African exchange trader who resigned after 17 years and went into crypto-trading. And on the beach near Noosa in Queensland he spoke to someone from Dubai who was trading in bitcoin.
Taihuttu kept in touch with them all. They maintain contact through Skype, analyze [sic] the market daily, and trade cryptomints based on what they’re seeing in the price action.
But it wasn’t the first time he had heard of the coins; he has been “in the coins” since 2009, when the currency was worth less than one euro:
Along with a friend, Taihuttu set up a physical business to mint bitcoin after buying dozens of computers and video cards. When the value rose to several hundred euros in 2013, he decided to sell the coins. The entire stock.
“If I had known then that four years later it would have been ten times more valuable, then of course I wouldn’t have sold everything,” says Taihuttu now. “But then I thought: I have to make a profit.”
Drastically changing up the family’s lifestyle – they used to live in a luxury four-bedroom house and now stay in a chalet on a campsite – Didi says they will continue to live like this until 2020.
He hopes that by then “bitcoin and blockchain will be irreplaceable and his wealth will be worth three to four times as much”.
Could you do it? You can follow their travels here.
[source:businessinsider]
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