The Taihuttus liquidated their assets in 2016 and now spread their cryptocurrency portfolio across secret vaults on four continents
Deepthi Nair
August 17, 2021
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Deepthi Nair
August 17, 2021
Listen In English
Listen In Arabic
In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900. “We sold everything we had – house, cars, motorbikes, holiday home, clothes, toys, furniture and [it] all went into Bitcoin,” Mr Taihuttu tells The National.
Who is the family that went all in on Bitcoin? ›“Is he a crazyman, a lunatic or there's something there?” In 2017, Father Didi Taihuttu, his wife Romaine and their three young daughters Joli, Juna and Jessa sold all their belongings and put it all into Bitcoin.
Which family sold everything and bought Bitcoin? ›In 2017, Taihuttu, his wife, and three daughters liquidated all they owned, trading a 2,500-square-foot house and virtually all their earthly possessions for bitcoin and a life on the road. This was back when the price of bitcoin was around $900. Bitcoin is currently trading around $19,700.
Who is the family goes all in on Bitcoin? ›In 2017, Didi Taihuttu, his wife Romaine and their three young daughters, Joli, Juna and Jessa, sold all their belongings and put it all into Bitcoin.
When was Bitcoin at $900? ›The latest run went from $200 on 3 November to $900 on 18 November. Bitcoin passed US$1,000 on 28 November 2013 at Mt. Gox. No exchanges or market; users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value.
Who is the kid who got rich from Bitcoin? ›Of course, Finman is biased: The teen crypto phenom used $1,000 his grandmother gave him when he was 12 years old to buy his first bitcoin when the little-known virtual currency was just $12 a token. By age 18, Finman had become a millionaire. (See more: Who is Erik Finman, the Bitcoin Millionaire Teenager?)
Who became millionaires with Bitcoin? ›Characteristic | Net worth loss in billion U.S. dollars |
---|---|
Changpeng Zhao (Binance) | 82 |
Sam Bankman-Fried (FTX) | 23 |
Brian Armstrong (Coinbase) | 4.7 |
Gary Wang (FTX) | 1.7 |
Michael Saylor
In October 2020, Saylor shared that he personally purchased 17,732 bitcoins for $175 million on top of the investments of his firm in the digital asset. The company currently owns around 193,000 bitcoins, which means that it's the largest corporate owner of the crypto.
Gemini. In 2014, Cameron and his brother Tyler founded Gemini, a New York-based cryptocurrency exchange.
In 2016, Dutch national Didi Taihuttu, his wife and three daughters sold everything they owned to invest in Bitcoin when it was trading at only $900. “We sold everything we had – house, cars, motorbikes, holiday home, clothes, toys, furniture and [it] all went into Bitcoin,” Mr Taihuttu tells The National.
Who is the girl that stole Bitcoin? ›CEO of fake cryptocurrency OneCoin, Ruja Ignatova, is the FBI's most wanted woman. She stole billions, then vanished.
Who is the secret owner of Bitcoin? ›Bitcoin was created by an anonymous person or group using the pseudonym Satoshi Nakamoto. Nakamoto published a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," outlining the concept of a decentralized digital currency. 1 The true identity of Satoshi Nakamoto remains unknown to this day.
How much will I get if I put $1 dollar in Bitcoin? ›1 USD equals 0.000017 BTC. The current value of 1 United States Dollar is +0.60% against the exchange rate to BTC in the last 24 hours. The current Bitcoin market cap is $1.14T. Create a free Kraken account to instantly convert USD to BTC today.
How much would I have if I invested $1000 in Bitcoin when it started? ›If someone had invested $1000 into Bitcoin when it was first introduced in 2009, they would have acquired approximately 111,111 Bitcoins at the initial price of $0.008 per Bitcoin. the price of Bitcoin is around $45,000 per Bitcoin.
How much is 1 Bitcoin? ›How much is 1 Bitcoin in INR? Right now, 1 Bitcoin is worth about ₹4,581,320.65.
Who was the man that stole Bitcoin? ›In 2012, someone stole 50,000 bitcoin from the Silk Road, an illegal dark web marketplace.
Who has gone to jail for Bitcoin? ›Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
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