39-year-old Didi Taihuttu from the Netherlands put up his house for sale, selling it partly for bitcoins, and moved with his family to the camping. All his property is also sold: car, motorcycle, electric bicycles, children’s toys, clothes and even shoes. The proceeds let him buy bitcoin and other cryptocurrencies, betting that this will make him rich. If you’re interested in dong the same, make sure you look into the historical facts of each currency as well as current trends and news. You may also want to do a little research into the latest bitcoin trends if you are interested in investing in bitcoins. Since the bitcoin market is always changing it is important to know as much about bitcoin as you can before you decide to start investing.

“People say: You’re crazy, ” Taihuttu says. “But we are a family of adventurers and are going to play a game of chance and live a little in minimalism. Life is boring if you never take risks.”

Taihuttu thinks that digital currencies like bitcoin and blockchain technology transform the role of money and banks in society. Since you can get all the latest bitcoin news from btcnn.com, Taihuttu will be able to view how successful his bitcoin investment is coming along regularly.

With the blockchain, no third party is required to approve the payment, which banks are currently engaged in, and the network of computers keeps a record of all transactions.

“The Internet was a revolution for information. I think that the blockchain and the cryptocurrency will revolutionize the monetary system, “says Taihuttu. “In 5 years everyone will say: ‘We should have seen what is happening.’ I react to these changes now.”

In the summer of 2017, Taihuttu and his wife made a radical decision to sell everything. The couple has just returned from a 9-month trip through Asia and Australia with three daughters. The family trip included the Angkor Wat temple complex in Cambodia, swimming with dolphins near Brisbane and relaxing on the beach in Thailand.

At the beginning of the last year, Taihuttu’s father, John, at the age of 61 died of cancer. A year before it became clear that the former professional football player is terminally ill. “It was a difficult period,” says Taihuttu, who ran his own company, which offers computer courses for 11 years in Venlo. “I went through this. I sold my business, and we decided that the family should go on a trip.”

During this trip, Taihuttu continued to stumble upon people who used cryptocurrencies.

On Bali, he met a South African stock trader, who retired after 17 years of work and took up cryptotrading. And on the beach near Noosa in Queensland, he got to talking to a bitcoin merchant from Dubai.

Taihuttu is in touch with all of them. They contact via Skype, analyzing the market on a daily basis. “These are people who have a lot of experience in trading,” says the man. “This is something that I still do not have enough.” According to Taihuttu, he was “bitcoined” starting from 2010, when the currency was worth less than one euro. “I am an entrepreneur, so when I first heard about bitcoin, I said: “Let’s do it.”

Together with a friend, Taihuttu created a physical business for mining bitcoins, buying dozens of computers and video cards.

But when in 2013 the value of the cryptocurrency grew to several hundred euros, he decided to sell the coins. All his stock.

“If I knew that four years later they would cost ten times more, then, of course, I would not sell everything,” says Taihuttu. “But then I thought: ‘I have to make a profit.'” This happened before the bitcoin course fell and its future was uncertain.

Besides, the cost of electricity and rent was too high. After that, Taihuttu “moved” to Dogecoin, another developing cryptocurrency. “I had a huge amount of it, but these coins were worthless,” he says. “The cost of the portfolio, which I had at that time, probably was 200 euros cost.” In the end, he stopped mining for two years.

During the journey around the world, Taihuttu received a message from a friend who first told him about bitcoin. “Check your coins! Check your coins! ”

It turned out that the cost of Dogecoin grew from ten to twenty times. In the spring of 2017, the value of bitcoin increased to $3000, and the rate of other cryptocurrencies raised with it.

At work, at home, at the supermarket, everyone was suddenly talking about crypto. “These Dogecoins made me understand again: something is happening in the world,” says Taihuttu. The fact that he continued to meet a lot of traders on a family trip around the world was considered as a sign for him. “It’s not an accident,” I thought. “So I went back to them.”

Returning home, Taihuttu went to a real estate agent and said that he wants to sell his house for 85 bitcoins. Property in Venlo, the Netherlands, was on sale for eight months, remaining unsold. But when the decision of the head of the family attracted the attention of the media, the home was purchased by a cryptocurrency trader.

“He went to the house with his wife, and they both thought it was great,” says Taihuttu. “The asking price of 300,000 is just as good as the one reached.” What part of this amount will be paid in bitcoins, remains to be discussed with the buyer. “It is likely that the excess cost will be partially paid in bitcoins, so I will not have problems with the repayment of the pledge,” he says.

To tell you the truth, banks are the biggest obstacles to selling a house completely for bitcoins. As well as notaries. Without whom, the house cannot change the owner.

The buyer usually transfers the cost of the purchase to the notary’s deposit, who then makes a purchase contract. If the transfer of property was registered in the Land Registry, the notary has to transfer the amount to the seller.

These transactions have to be executed in euros because the notary does not have a digital purse for storing cryptocurrency. What is more, there is another problem: what if bitcoin falls in a few days, when the money is on a notary deposit?

“The entire system is not ready for doing this. I wanted to help her change,” says Taihuttu. “Unfortunately, it did not become what I expected. We in the Netherlands have not yet reached the point where we have complete confidence in the blockchain, so we have to use a notary.”

The family also sells other things to buy as many of the bitcoins as possible.

It is planned that such a life will continue until 2020 – then, according to the calculations of Taihuttu, bitcoin and blockchain system will be indispensable, and its wealth will cost three to four times more.

“Ultimately, it was a decisive factor for my wife to say “yes” to this plan,” says Taihuttu. “Education is the best thing for children. If you raise your children in an excessively materialistic way, this is not very good. Honestly, it was what we did.”

“And if everything goes wrong? Then we will be out of money at the same time. But I do not think this is the worst thing that can happen.”

However, these all look like a fantasy or a fairy tail several cases of becoming rich with the help of blockchain are true. And the latest example happened to 50 Cent clearly proves it.