In 2017, a Dutch family of five made a life-changing decision: they sold all their assets—including their home, car, and even personal items like shoes—to invest everything in Bitcoin. This bold move allowed them to embark on a continuous world tour, visiting 40 countries over four years while strictly using Bitcoin for transactions. Known as the "Bitcoin Family," they maintained their commitment to cryptocurrency despite market fluctuations, demonstrating exceptional confidence in its future.
Why They Went All-In on Bitcoin
Didi Taihuttu, the father of the Bitcoin Family, explained that the decision was driven by a firm belief in Bitcoin's potential. The family liquidated properties and possessions worth hundreds of thousands of dollars to purchase Bitcoin when it was priced around $900. Their aim was not just financial gain but to fully embrace a decentralized lifestyle, free from traditional banking systems.
They closed their bank accounts and held all their savings in Bitcoin, committing to use it for all expenses during their travels. This required creativity, patience, and a willingness to advocate for cryptocurrency acceptance wherever they went.
Navigating the World with Bitcoin
Traveling to 40 countries without using conventional money came with significant challenges. The family often had to negotiate, barter, and persuade vendors to accept Bitcoin. They used Bitcoin debit cards and peer-to-peer exchanges to convert cryptocurrency into local currencies when necessary.
One notable experience occurred at the border between Bulgaria and Turkey. Authorities did not accept Bitcoin for visa fees, but the Taihuttus didn’t give up. They introduced other travelers to Bitcoin, helped them set up digital wallets, and exchanged Bitcoin for cash to complete the visa process. While this solution worked, it sometimes tested the patience of family members.
Global Bitcoin Hotspots
Through their travels, the family discovered two places where Bitcoin was widely accepted: Ljubljana, the capital of Slovenia, and the small Italian village of Rovereto. In these locations, they used Bitcoin for everyday transactions like car repairs, movie tickets, motorcycle purchases, tax payments, and even haircuts.
Didi had once joked that he wouldn’t cut his hair until he found a barber who accepted Bitcoin—a promise fulfilled in Rovereto. These communities served as encouraging examples of how cryptocurrency could be integrated into daily life.
Weathering Market Volatility
The Bitcoin Family held onto their investments even during downturns. When Bitcoin’s price dropped to around $3,000 in 2018, they bought more, viewing it as an opportunity. Their long-term perspective remains optimistic: they believe Bitcoin could reach $200,000 by 2022 or sooner and see it as "digital gold"—
a reliable store of value and medium for exchange.
They advocate for Bitcoin not as a speculative asset but as a transformative technology. The family has donated half of their investment gains to charity, focusing on promoting financial education and cryptocurrency adoption.
👉 Explore practical crypto strategies
Lessons from a Decentralized Lifestyle
The Taihuttus’ journey illustrates both the possibilities and limitations of using Bitcoin in today’s economy. While more businesses are beginning to accept cryptocurrency, it still requires effort and adaptability to use it exclusively. Their story is a testament to resilience, innovation, and belief in a decentralized future.
Frequently Asked Questions
How did the family handle transactions in countries where Bitcoin wasn’t accepted?
They often used peer-to-peer exchanges, bartered, or negotiated with locals willing to accept Bitcoin. In some cases, they used Bitcoin debit cards to access traditional currencies.
What were the biggest challenges of using only Bitcoin?
Finding merchants who accepted Bitcoin was the main hurdle. They also faced volatility in value, which required careful financial planning during their travels.
Did the family rely solely on Bitcoin for all their needs?
Yes. They closed all bank accounts and used only Bitcoin savings, converting to local currency only when absolutely necessary.
How did they ensure security for their Bitcoin holdings?
They used secure digital wallets and practiced careful cybersecurity measures, though specific details were not shared publicly.
What is the family’s long-term goal?
They aim to promote Bitcoin adoption and demonstrate its practicality as a global currency, while continuing to travel and support charitable causes.
Could their model be replicated by others?
While possible, it requires high risk tolerance, flexibility, and a willingness to advocate for cryptocurrency acceptance in everyday transactions.