Since its inception in 2009, Bitcoin has given rise to much discussion as it is often seen as the new gold both in practical terms because of the characteristics that the two assets share (scarcity, value, inflationary, etc.) and in the sense that it can transform people’s wallets from empty to inflated if one does not fear the weather but especially because it is the bearer of a new technology, namely blockchain, which is slowly revolutionizing every area of human life.
The Bitcoin Family: the story
In 2018, while talking with his wife about the family business, Didi Taihuttu, seeing the poor returns on his own invested savings and the cost of living, decided to sell everything, the family company, house and basically every asset he owned in order to buy Bitcoin and other cryptocurrencies convinced that in a few years the value that they would reach and the increasing spread in the world would give them a carefree independence.
Bitcoin and other cryptocurrencies were not the only thing purchased by Didi, they also got powerful computers and an RV, all of which gave birth to what is now known as The Bitcoin Family.
The family, after deep reflection decided to become nomadic and for this they equipped themselves with an RV with which they have visited more than 50 countries around the globe including Italy (Venice) as reported to our CEO Amelia Tomasicchio in the interview done for The Cryptonomist in 2019.
The family’s mission is to explain Bitcoin to as many people around the world as possible and to make it clear that embracing a minimal lifestyle thanks to Bitcoin is possible as both spirit and pockets would benefit.
Primarily Didi and his family of five (wife and three daughters) profess to be HODLers and believe that regardless of the gains that trading can bring, HODLing and mining BTC is their core business as they are deeply confident that the currency will soon be used worldwide in an easy way to do anything and that its value will soon reach $100,000.
However, mining and saving are only a part, it’s obvious that a bit of trading is part of the game but not only that, since 2019 the family also has a YouTube channel, Instagram profile, Twitter and is present with a chat on Telegram. Through social media with live broadcasting snippets of daily life and chats about Bitcoin, market analysis etc. they contribute to the financial education about the asset telling how they invest but explaining that they don’t have the intention to make predictions, but rather to teach investors new skills.
Last year they settled in Portugal where on a beach they opened Bam Bam Beach, a sort of beach establishment with its own chiringuito on the beach and camper in the back from which they make hour-long live streams every day talking about the topics they care about.
A large part of the proceeds derived from their activities are donated to voluntary associations, schools and whatnot because, as Didi explains in his live broadcasts, the only thing that matters is health and being happy and if one can do good for the community it is a duty to do so.
In yesterday’s live broadcast, which in the specific case was together with Joli, the eldest daughter, she talked about how governments want to distract investors and the general population from this asset by conveying on CBDCs (Central Bank Digital Currencies) such as the Digital Dollar, explaining that supporting them will not do the crypto world any good.
The topic of wallets and how to manage them was also touched upon, according to Joli and Didi, anything decentralized should be favored and cryptocurrencies should be purchased on different platforms rather than mined or anything else.
When asked whether or not they believe in Cardano, Didi said that they are very fascinated by the project and have invested in it convinced that it can give great satisfaction in the future as the currency is designed in a very serious way.
As for the beloved Bitcoin, the Family believes that it will return to $60,000 and that as soon as the market recovers a new upward rush will occur targeting the famous $100,000.