Living on Bitcoin with Didi Taihuttu

 
 
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“The moment you jump, you will never change back again. We had our doubts at the beginning as well, but we will never change back again.”
— Didi Taihuttu

SHOW DESCRIPTION

Location: Remotely
Date: Tuesday 22nd December

In early 2017, with the Bitcoin price at around $1,200, Didi Taihuttu, his wife and three kids sold their house, cars and everything they owned and invested it all in Bitcoin. They planned to travel the world and live a nomad lifestyle. 

In 2017, following their decision, the Bitcoin price went to $20,000 before crashing back down to around $3,200. With this volatility, the family had to adjust their lifestyle. However, with Bitcoin hitting new all-time highs of $42,000 last week, their conviction has paid off.

Now, four years later, the family are still travelling the world and living off Bitcoin.

In this interview, I talk to Didi Taihuttu, and we discuss his decision to sell everything and buy Bitcoin, how the family coped during the bear market and the pros and cons of living a nomad lifestyle.

TIMESTAMPS

00:04:31: Introductions
00:06:32: Didi's Bitcoin story
00:12:00: Football!
00:13:32: Convincing the wife…
00:15:08: Negative press, positive belief
00:17:02: Bankless living and Bitcoin adoption
00:20:10: A different mindset
00:21:44: Didi's lockdown experience
00:25:32: A reality check on ownership
00:30:16: The nomadic lifestyle for children
00:36:31: Peter's travel experiences
00:39:29: Educating nomadic children
00:44:34: Preparing kids for a decentralised future
00:49:26: How to become a nomad
01:00:21: Security and Safety
01:03:39: Didi's special moments
01:07:36: Final comments

 

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SHOW NOTES

PodcastPeter McCormack