Category: Cryptocurrency News

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Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails. However, there are very mixed views about Dorsey because while some people adore him, others are skeptical of his goals as his firm has been accused of mass censorship. Then on August […]

PETA (People for Ethical Treatment of Animals) has just issued a statement in which they criticize Bitcoin and demand it to be shut down: "It has come to our attention that Bitcoin has been massacring bears for weeks. This has to stop! Bears are now on the brink of extinction. We will not tolerate this…
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For some people the chances of them losing their private keys is higher than the exchange getting hacked. Of course, storing your crypto on a wallet is better if you are able to manage it well. If not, then keeping your coins in an exchange is not a bad idea. But there is one important…
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So I'm pretty much a whale by now after 8 years in crypto. I started with nothing but a normal source of income and I didn't strike lucky on a megapump or anything like that. Just steady profit taking and a simple rule I never break. If anyone wants to play the long game, here's…
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Good afternoon. I hope all is well. I was hoping to secure some information on trading erc-20 coins. Which exchanges are best where fees are reasonable. Not just that but also maybe some good tutorials on crypto trading in general. I’ve seen many tutorials but none for a noob as myself. A little direction is…
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Meet “The Bitcoin Family” that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a  wife and three kids. They are known as the family that liquidated all their assets in 2017 to buy Bitcoin back when it was trading at around $900. Taihuttu is a true example of a Bitcoin enthusiast. According to him on his website, after losing his mother, and later his father, he “started reflecting life more and more and discovered that the life I was living was not the life I wanted to live. I experienced that Life could go very fast and that I needed to change.” Related Reading | By The Numbers: What $10 In Bitcoin Each Day Would Net Investors The Dutchman sold his 11-year-old business along with everything he owned – from his house down to his children’s toys. Then he bought a van hit the road with his family to live a minimalistic nomad life, waiting for a crypto boom to happen. This was in 2017. Taihuttu’s Long-Running Involvement In Bitcoin Before he became popular, Didi had learned about Bitcoin as far back as 2013. He, along with two of his friends, started mining for Bitcoin. In Taihuttu’s words: “I am an entrepreneur, so when I first heard about bitcoin, I said: Let’s do this.” Unfortunately, that venture was unsuccessful, so he shut it down. According to him, he lost his faith in BTC during the crash in 2014. BTC price now trending around $46,000 | Source: BTCUSD on TradingView.com But that was not the end of his relationship with Bitcoin, as he kept crossing paths with the cryptocurrency. When he saw that more people started to buy Bitcoins, he deduced that what would follow would be a monetary revolution. And he was not wrong. This revelation was what prompted him to go all in. It is estimated that at that time, after selling all his assets, he managed to acquire about 100 Bitcoins valued at roughly $350k. The family’s Secret Crypto Vaults The family has made a fortune from their investments and has decided to store this fortune in secret vaults. These vaults are located in different countries on four different continents. Taihuttu has two hiding spots in Europe, another two in Asia, one in South America, and a sixth in Australia, according to this CNBC article. Related Reading | How Samsung Will Help The Bank Of Korea With CBDC Development “I have hidden the hardware wallets across several countries so that I never have to fly very far if I need to access my cold wallet to jump out of the market,” said Taihuttu of the Bitcoin Family. The family told CNBC that the crypto stashes are hidden in different ways and a variety of locations, ranging from rental apartments and friends’ homes to self-storage sites. Taihuttu explained: “I prefer to live in a decentralized world where I have the responsibility to protect my capital.” Didi Taihuttu And His Family’s Nomad Life In 2017, the Dutch family embarked on a new life, documenting their travels on YouTube and other social media platforms. “My wife agreed that we were very happy as a traveling family and that we needed to teach the kids that they can be very happy without all the luxury we used to have,” explained Taihuttu. Featured image from yolofamilytravel.com, chart from TradingView.com