Family sold everything for bitcoin
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Taihuttu trades every day. He also consistently holds Ethereum and Litecoin, and recently invested in DOT, the cryptocurrency of the Polkadot blockchain.
What Happened to the Entrepreneur Who Sold Everything He Owned for Bitcoin in 2017
I do know that dad wants my boyfriend, when I get one, to own Bitcoin [laughter emoji]. When COVID first hit, the family was in Spain, and they took the decision to return to Thailand, where they were then stuck for several months. Taihuttu had been promised the loan of a new van for five years, but the arrangement was pulled because of the uncertainty surrounding the pandemic. He decided to stay on the Thai island where the infection rate was low and the family was safe.
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But Joli changed his mind, reminding him that he had taught the family never to live in fear. So they flew back to Europe in July. After spending time in the Netherlands, and in Spain, they decided on a new, three-to-six month tour of Portugal, to promote the idea of travel, family, and Bitcoin.
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Their new video series, they hope, will land them a deal with a major broadcaster such as Netflix. But he went on to explain that, as Bitcoin plunged over the first six months of , what started off as an idea to make money quickly evolved into a mission to live life as fully as possible. She has no regrets but can imagine settling down again one day, by the beach. I was certain that this would be the next step in the evolution of money and I felt the need to support this revolution.
This will never happen. We also wanted to show our kids by leading by example that luxury goods were not important. And so we did. I went online, put my cars up for sale and bought Bitcoins.
The crypto-believers
Then we flew home and put our house up for sale, also against Bitcoins. This news was picked up by national news and then international news and we were suddenly called the bitcoin family. In the eyes of many, we were a foolish family that exchanged a perfect life for a very uncertain volatile life. The house was sold in two weeks and together with everything else we sold, we bought Bitcoins. We were almost all-in. Bitcoin took off to 20k and we were living on a campsite. Wallstreet journal flew over and wanted to make a documentary, soon channel news Asia and many others followed.
The bitcoin family was real. Wow, this was crazy!
We were already on a rollercoaster ride because we had changed from a materialistic stationary life to a minimalistic digital nomad life but this media attention made the rollercoaster ride ever crazier. Because of all the media, we escaped from our campsite to Thailand again, Koh Phangan. Some rest at last, as that was what we needed as a family. But when we went eating in a restaurant, a Russian guy came to me and asked if I was the bitcoin guy. My kids were laughing and I was completely amazed. On the other side of the world a Russian guy recognising me from the bitcoin news?
The day after Arte, a big tv-channel in Europe, called to ask if they could fly to Thailand to film a documentary with us. So we agreed on just going with the flow, accepting this «bitcoin family» branding and go for it.
The 39-year-old father of three who sold everything for bitcoin is not cashing in
I called Arte and told them it was possible, a week later they arrived and we created an amazing documentary that was their best viewed documentary ever. I wrote a book in Dutch that is now translated into German and soon English.
At the moment we still travel the world as a family. SpencerKSchiff und PeterSchiff sind sich nicht einig. The entire stock. Best checking accounts. Enthusiasts will tell you it's the future of money - but investing in the notoriously volatile virtual currency can be a rollercoaster, and it's not without risk. Most Popular Videos. Best private student loans.
I am currently writing my second book. I am not only a frequent speaker on blockchain at crypto events and meet-ups but also at mindset-related events.
In other situations we try to find creative solutions like buying online coupons that we spend in stores or we do groceries online and pay with btc. I even sold bitcoins to family and friends to get cash to buy some groceries sometimes. So yes, we need to depend on cash sometimes.
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But for us, the game is more about not using a banking system, cash is ok for as we understand that not everyone in the world understands the power of bitcoin yet. The goal should be clear: peer to peer digital cash that is accessible for everybody! It will happen naturally as the world economy is slowly collapsing and people will search for more privacy. I think it will happen in this way: Firstly, governments are creating centralised forms of cryptocurrency like the CBDC or the Digital Yuan. Secondly, governments will make the world cashless.
Thirdly, everybody will only use digital forms of payment and realise they lost their complete privacy by using these centralised cryptos. Fourthly, people will search for privacy currencies and decentralised ones in opposite to the by governments created centralised ones.
You can understand that this lifestyle is not always easy and can lead to frustrations and even huge discussions in the family. Believe me that are situation that lead to some yelling in the car. People always ask us whether we regret paying with Bitcoin. Because paying with btc now can turn out to be very expensive as the bitcoin may be worth way more in the future. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. Decentralized exchange DEX Uniswap released the details of the much-awaited v3 upgrade, as per a blog post on Tuesday.
American institutional investors have drastically scaled down their Bitcoin-related activity over the past week, according to a report published by digital asset manager CoinShares yesterday. Ethereum 2. Trending News. Curve DAO Token. Theta Fuel. FTX Token. Companies Coinbase. Fidelity Investments. Crypto Briefing.