Living on Bitcoin with Didi Taihuttu - WBD298
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 12 January 2021
⏱️ 71 minutes
🧾️ Download transcript
Summary
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.
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Transcript
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| 0:00.0 | The moment you jump, you will never change back again. You know, we had our doubts at the beginning as well, but we will never change back again. |
| 0:12.0 | Hello there from Bedford, the Bitcoin Mecca of the world. |
| 0:15.8 | How are you all? |
| 0:16.8 | What a crazy, crazy week. |
| 0:19.2 | Bitcoin went up to 42,000 crashed down to nearly 30,000. |
| 0:23.7 | This is the stuff we've all been through before. |
| 0:25.7 | Well, some of us have, some of you might not. |
| 0:28.3 | A lot of this happened back in 2017. |
| 0:30.9 | Did the big run up there, we had a few 30% dips so this time around I don't know I kind of took it took it |
| 0:36.7 | quite easy if you're new to this you need to hold on tight needs to get used to this |
| 0:40.5 | volatility because this is what Bitcoin does. Anyway listen |
| 0:44.2 | welcome to the What Bitcoin did podcast which is brought to you by the mighty |
| 0:47.6 | Cracken the best place to buy sell and trade Bitcoin. I'm your host Peter |
| 0:51.2 | McCormack and today I've got an interview with D.D. |
| 0:54.0 | Tahutu, the Bitcoin Nomad who back in 2017 sold everything for |
| 0:59.0 | Bitcoin to travel the world and it's an amazing story but before we get into that I do have a |
| 1:03.8 | message from my amazing show sponsors so we're gonna kick off with Block Vai |
| 1:07.4 | have you heard about their big announcement their massive announcement last |
| 1:11.6 | year just before Christmas they let everyone know |
| 1:14.2 | that they are about to launch a Bitcoin Visa rewards credit card. |
| 1:18.7 | Early this year, it's something I've been massively excited for. |
| 1:22.2 | Card users can earn a market leading 1.5 |
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