Meet the Taihuttus: Going All-In With the 'Bitcoin Family'
We have heard or read stories about traders who go 'all-in' on the crypto buys. For some, they went all-in on a new meme coin after reading news or hype about the new cryptocurrency in its presale. Others go all-in to ride the bullish wave of a crypto breakout. Then, there's another group of crypto investors and holders—those that take 'going all-in' to the next level: the Taihuttus. In this article, we'll cover why the Taihattus is a unique case, and explain why they're called the 'Bitcoin family'.
In 2016, a Dutch family of five sold everything they owned, including their house, and went all-in on Bitcoin. The head of the family, Didi Taihuttu, is both a writer and a public speaker, but became more popular with his bold decision to live entirely off Bitcoin.
In an article he wrote for an online magazine, Didi shared that the first inspiration came through a call from a friend. He was asked if he still holds the Dogecoins and Bitcoins mined in 2013. Didi answered, 'yes', and was later told that the coin and crypto community was growing.
It was the first step, and soon, he made a life-defining decision—to sell off everything they owned, including his Cherokee and cabriolet. Then, the house was put on sale next, also against Bitcoins, and their decision captured the attention of the local media. Since then, the Taihuttus have been travelling the world, 'almost nomadic', and living fully bankless, relying solely on Bitcoins.
The Taihuttus has become known as 'the Bitcoin family', and has appeared in several TV shows and documentaries where they shared their stories and Bitcoin-inspired lifestyle. Immediately after making a life-changing decision, the family decided to relocate to Portugal due to its crypto-friendly tax rules. Although the family relocated to Portugal, they adopted an 'almost nomadic lifestyle' to complement their adoption of Bitcoin.
In their recent posting on their official blog, the family shared that after several years, TheBitcoinFamily has travelled to over 40 countries, and they continue to spread the message of freedom and life with Bitcoin. Interestingly, the family insisted that they don't own any bank accounts or a house, and they're always on the lookout for new adventures.
What’s in the Bitcoin family’s crypto bag?
So, what makes one a Bitcoin family? For the Taihuttus, it means transitioning to a Bitcoin lifestyle, and skipping traditional banks and finance. While the elder Taihuttu declined to reveal the composition of their crypto holdings, he mentioned that they're targeting a $100 million net worth this bull cycle, with 60% of their assets linked to Bitcoin.
The other 40% of the portfolio is a mix of ETG, Link, SUI, SOL, and other top AI tokens. Didi also owns and runs his platform that offers blockchain and life skill courses for kids.
He added that he's passionate about content, but noted that if this activity "is not safe anymore" for his daughters, he'll reconsider his approach.
'Bitcoin Family' rethinks their Bitcoin security
The Bitcoin Family is back in the limelight after a wave of theft and high-profile kidnappings of crypto execs has rocked the industry. In several news reports, Didi Taihuttu, the patriarch of the Bitcoin Family, shared that they have overhauled their security setup after learning about the new threats. Over the past eight months, the family has slowly transitioned from using hardware wallets to a hybrid system.
Hardware wallets are generally considered safe by many, as they are not connected to the internet and are therefore not prone to malware, hacking, and phishing. However, hardware crypto wallets have a few cons, too—holders can lose the device due to theft, or they can forget about the 12- or 24-recovery phrase.
So what the Taihuttus did was to shift to a hybrid system for storing and holding their cryptos. According to reports, the family use a combination of analog solutions and digital wallet solutions, with their seed phrases encrypted, split, and stored by blockchain-based encryption services. Interestingly, some of these wallets (and their seed phrase) are hidden across continents!
No, the Taihuttus' holdings aren't buried treasures–none of these sites are buried deep underground, or stuck in an old village. In a CNBC interview, the family shared that their wallets and seed phrases are creatively hidden in different locations, from friends' houses to rental apartments.
Small precautions for the growing Bitcoin family
The Taihuttu's security overhaul also extends to their small lifestyle choices and changes. Since the family lives off the grid financially, family members don't rely on traditional banks. Instead, the girls only carry small amounts of crypto in their wallets.
Also, they shared that they decided to skip France in their regular travels and relocation plans. France was recently in the news after a series of 'attacks' in Paris targeting crypto personalities. According to a CNN report, the latest attack was foiled by passersby after armed assailants tried to kidnap the daughter and grandson of a French crypto boss in Paris.
The latest incident prompted Paymium, the crypto firm owned by the father of the victim, to demand 'protections' for companies in France's crypto industry. Tuesday morning's foiled kidnapping was the latest in a series of violent incidents targeting crypto personalities based in France, including two incidents in recent months and five since 2023.
Now, the Bitcoin family is taking notice. The elder Taihuttu admitted that they became a bit famous in this niche, and it's becoming a huge market. And the Bitcoin community's growing reputation poses certain challenges, including the reported thefts, phishing, or even kidnappings. Taihuttu admitted that these robberies will probably continue, and admitted that yes, they will be skipping France for now.
Even when in Thailand, the Taihuttus stopped sharing travel updates and filming their activities after receiving messages from strangers who claimed to have found them by watching YouTube videos. The elder Taihuttu shared that they stayed in a beautiful house for six months (while in Thailand), then they started receiving 'disturbing messages' saying they know where they live. He further shared that some of the viewers warned him to be careful, and "not to leave his kids alone".
Today, the Taihuttus continue to travel and live off the grid, but they no longer film or broadcast anything. In the words of Didi Taihuttu, it's "a strange world we live in at the moment", so they're taking extra precautions. And when it comes to their crypto holdings, they've transitioned to a hybrid setup.
