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Didi Taihuttu Talks About Hiding His Cold Storage Buckets After Selling Everything For Bitcoin Three Years Ago

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago

Three years ago, a Dutch native told the world that he and his minimal family had sold all their possessions to buy bitcoin. Didi Taihuttu, his family, and their valuables and vehicles were all sold to acquire the digital asset. Taihuttu recently discussed how things have been after three years, explaining that 74% of his crypto holdings are currently held in cold storage.

Taihuttu Family Has Six Cold Storage Stashes. They are Hidden in Several Nations

Didi Taihuttu and his family are doing quite well in 2021 living like digital nomads and hidden hardware wallets all over the world, according to a recent interview with CNBC. Bitcoin.com News reported on the Taihuttu family on October 10, 2017, as Didi Taihuttu told the press he and his wife sold everything for bitcoin (BTC). Taihuttu stated that six hardware wallets are kept secret in the family’s vaults, spread across multiple countries.

Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
Photograph of Didi Taihuttu back in 2017 and the home he sold for bitcoin. In the CNBC interview, Taihuttu said he purchased bitcoin (BTC) for $900 per unit.

” I have placed my hardware wallets in several countries to ensure that I don’t have to travel far to get to my cold wallet. This is how I can jump out of this market.” Taihuttu said during the interview. Two positions are in Europe, two in Asia, one in South America and the last in Australia. However, 26% of Taihuttu’s crypto stash is in hot wallets while the remaining 74% is stored using cold storage solutions. Taihuttu stated:

I prefer to live in a decentralized world where I have the responsibility to protect my capital.

Taihuttu reveals the Family’s Bitcoin, Litecoin and Ethereum

Assets

Taihuttu referred to his hot wallet stash as “risk capital” and said that he trades day trades from the time he has them. The digital nomad emphasized how he profited with the recent dogecoin (DOGE) volatility in 2021. While 74% of the Taihuttu stash is stretched across nations in cold storage, the family detailed they owned bitcoin (BTC), litecoin (LTC), and ethereum (ETH). CNBC did not get a report from the Taihuttu family on how much they had in their portfolio.

Back in 2017, people called Taihuttu “crazy” but he remarked at the time that his family was “adventurous” and are going to gamble for a moment to live minimalist lives– If you never take a risk, life is boring.” During his interview this week, Taihuttu said that he’s trying to put cold storage solutions on every continent in the world. He finds financial institutions and post offices “too risky .”

” What happens if one of these businesses goes bankrupt Is it possible to access my bitcoins? Do I have access to my bitcoins? Taihuttu stated that he had again placed the trust in a central organization to manage your capital. Taihuttu explained that there are only a few central cold storage solutions that can manage funds well. Taihuttu also added:

They have beautiful setups for inheritance. These companies also handle your estate when you pass away. I believe that they do a wonderful job.

What do you think about Didi Taihuttu’s recent interview and his minimalist family? Please comment below to let us know your thoughts on this topic.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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Germany’s AfD party proposes Bitcoin as strategic asset

The AfD party is urging Germany to treat Bitcoin as a strategic national asset. The AfD Bitcoin reserve motion seeks MiCA exemption and clear, favorable tax rules. AfD is pushing Bitcoin as “state-free money” to boost sovereignty. Germany’s Alternative for Germany (AfD) party has put forward a parliamentary motion urging the government to recognize Bitcoin…


Germany's AfD party proposes Bitcoin as strategic asset

  • The AfD party is urging Germany to treat Bitcoin as a strategic national asset.
  • The AfD Bitcoin reserve motion seeks MiCA exemption and clear, favorable tax rules.
  • AfD is pushing Bitcoin as “state-free money” to boost sovereignty.

Germany’s Alternative for Germany (AfD) party has put forward a parliamentary motion urging the government to recognize Bitcoin as a strategic asset.

The short, forceful proposal argues Bitcoin deserves distinct treatment from other crypto-assets and calls for tax and regulatory relief to bolster innovation and national sovereignty.

The Bitcoin strategic reserve motion by AfD

The AfD motion urges lawmakers to treat Bitcoin differently from tokens and stablecoins covered by the EU’s Markets in Crypto-Assets (MiCA) framework.

It argues Bitcoin’s decentralised design and fixed supply make it a unique form of digital value that should not be shoehorned into rules intended for centrally issued crypto instruments.

The party explicitly proposes that the government consider accumulating Bitcoin within national reserves as a hedge against inflation and currency volatility.

A central demand in the motion is tax certainty.

AfD lawmakers want to preserve the existing 12-month holding exemption for private capital gains and maintain Bitcoin’s exemption from VAT.

They also call for private mining and running Lightning Network nodes to be clearly classified as non-commercial activities, reducing administrative burdens for individual participants.

The motion stresses the right to self-custody and warns that legal uncertainty deters long-term private investment.

AfD frames the proposal as part of a broader defence of digital sovereignty.

The party opposes a European digital euro and portrays Bitcoin as “state-free money” that can protect liberties and reduce dependence on centrally issued currency instruments.

The motion arrives amid debate over Germany’s decision in mid-2024 to sell nearly 50,000 BTC seized from criminal proceedings — an action AfD and others now characterise as a policy mistake given subsequent price movements.

The proposal argues that heavy-handed national implementation of MiCA risks capital flight and diminishes Germany’s standing in blockchain innovation.

AfD lawmakers say excessive rules will push firms and talent to friendlier jurisdictions, eroding competitiveness in a field with rapidly evolving technology and commercial models.

AfD also highlights potential synergies between Bitcoin and energy policy.

The motion suggests that productive uses of excess renewable supply — including mining — could create a technological and economic fit between Germany’s energy transition and the Bitcoin network.

The party frames state accumulation of Bitcoin as a prudent diversification of reserve assets, drawing parallels to moves and proposals in other European countries that have discussed or adopted similar approaches.

Beyond urging a strategic statement from the federal government, the motion seeks concrete commitments: keep tax advantages intact, exempt certain private operations from commercial classification, enshrine self-custody rights, and open study of Bitcoin’s role in reserves and energy integration.

AfD wants the Bundestag to formally recognise Bitcoin’s distinct status and to restrain national rule-making that would extend MiCA beyond its intended scope.

The reaction from the public

Supporters in crypto circles welcomed the proposal as a sign that mainstream political debate is shifting away from dismissive tropes about digital currencies.

Critics, however, worry the plan could politicise reserve policy or clash with EU regulatory intent.

Observers note that Germany occupies an outsized spot in Europe’s economy, so any move to treat Bitcoin strategically would reverberate across markets and policy debates.

As Bundestag review AfD’s motions and the larger question of how national policy should sit alongside EU rules, whether the proposal gains traction depends on cross-party calculation about economic benefits, sovereign risk, and regulatory coherence.


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