This Limburger not only sells his house but all his belongings for bitcoin ... and lives with his family at a campsite

Didi Taihuttu (39) believes in bitcoin. And not just a little: the Limburger will put everything at stake in the coming years.
He has bought his house for bitcoin and is currently living with his family in a chalet at a campsite near Venlo. Also the rest of the items are for sale: the car, the engine, electric bikes, the children's toys, clothes, shoes.
With the yield, Taihuttu buys bitcoin and other crypto points. He hopes to multiply his ability in a short period of time.
"Every layman will say, you're crazy," says Taihuttu against Business Insider. "But we are an adventurous family and go to play this moment to live minimalistly. If you never take a risk, life is too boring. "
Taihuttu believes that digital coins such as the bitcoin and the underlying blockchain technology will put the role of money and banks in society at the forefront.
With blockchain, no third party is required to approve a payment. Confidence comes from the network of computers that maintains a ledger of all transactions. For example, a notary is unnecessary to conclude a mortgage and Albert Heijn can track where fruit and vegetables come from.
"The internet was a revolution for information. I think the blockchain and cryptocurrency are a revolution in the area of the monetary system, "says Taihuttu. "In five years everyone says: logical, we could see that. At that change I'm playing now. "
World tour of nine months
In the summer of 2017, Taihuttu and his wife take the radical decision to sell everything. The couple just returned from a nine-month world trip through Asia and Australia, with their three daughters.
The Taihuttu's visit the Cambodian temple complex Angkor Wat, swim with dolphins at Brisbane and relax on the beach in Thailand. Together with his eldest daughter, Joli (12), Didi collects a diving license in Indonesia and catches a shark for the Australian coast.
The rest and relaxation comes for Didi Taihuttu at the right time. Beginning in 2016, his father, John Taihuttu, died of the effects of cancer at the age of 61. A year earlier it was clear that VVV's former football player and Fortuna Sittard were incurably ill.
"It was a tough period," said Taihuttu, who has been in charge of computer training for eleven years. "I had it all. I have sold my company and we are going to make the trip with the family. "
Group of crypto believers
During that trip, he continues to run into people who act in digital coins. In Bali he meets a South African stockbroker who left his resignation after seventeen years and went into cryptography. And on the beach at the Australian coastal town of Noosa, he is talking to someone from Dubai who deals in bitcoin.
With all those people - sixteen in total - Taihuttu is now in a group. They keep in touch with Skype, analyze the market daily and buy crypto coins based on it. "It's people who have a lot of experience in trading on the stock market," says Taihuttu. "That's what I've missed a bit."
Taihuttu himself has been "in the coins" since 2010, as he calls it himself. A friend points to the existence of bitcoin and the possibilities. The currency is currently worth less than one euro. "I'm an entrepreneur, so I had something like that: we're going in."
Bitcoin mines in business premises
Taihuttu, along with that friend, purchases dozens of computers and video cards to mint bitcoin in his business premises. When the value rises to several hundred euros, he decides to sell the coins. The entire stock.
"If I had known that five years later, ten times more, I would of course not have sold everything," Taihuttu looks back. "But yes, you will do that. I thought, I have to make a profit. "
Not much later, the value of the bitcoin crumbles and it can no longer matter: the electricity costs and the rent of the property are too high.
Taihuttu tries it for a while with the Dogecoin, a smaller coin that is coming. "I've had a lot of gemined, but that coin was worth nothing. The portfolio I had was perhaps worth 200 euros. "
Eventually he stops mining and does not spend the last two years working on the crypto force.
Dogecoin as savior
Nevertheless, it is the Dogecoin which causes the cryptic love of Taihuttu to flourish again. During the world trip, he receives a message from the friend who first told him about bitcoin: "Check your coins! Check your coins! "
Taihuttu sees that the Dogecoin is suddenly ten to twenty times worth so much. The coin is included in the last spring cryptoboom. The bitcoin rises to $ 3,000 and draws smaller coins with it. On the terrace, at the office, at the supermarket: everyone suddenly has crypto points.
"That dogecoin made me realize again: Jesus Didi, there is something going on in the world," says Taihuttu. The fact that he also meets bitcoin dealers on the world trip is a sign for him. "This is not for nothing, I thought. Coincidence does not exist. So I'm going to deepen it again. "
House for sale for bitcoin
By now, Taihuttu is increasingly convinced of the potential of cryptocurrency and blockchain. Once at home he walks to the broker: he wants to sell his house for 85 bitcoin. The property in Venlo has already been sold for eight months without results.
The action delivers a lot of media attention. The local broadcaster goes by to make a video item, Limburg newspapers write about it and the family can even join in Belgium at the late talk show of Gert Verhulst (yes, Samson's).

All that attention has been given: the property is sold under reservation. "To an ICT who has been in the coins for a little longer," says Taihuttu. "He came with his wife looking at the house and they both thought it was amazing."
The asking price of 300,000 euros has been "achieved as well", said Taihuttu. What part of it is in bitcoin, he is negotiating with the buyer now. "Probably the surplus will be paid in bitcoin, so I do not have a problem to settle the mortgage."
System is not set up
Because the bank is one of the obstacles to sell a house completely for bitcoin, just like the notary. Without the intermediary of the latter, a property can not be changed by owner.
The buyer pays the purchase price on the notary's third party account, which passes the sales certificate thereafter. If the transfer of the property is registered in the Kadaster, the notary will transfer the amount to the seller.
These transactions are still required in euros, because the notary does not have a digital wallet to store crypto points. And there is another problem: what if the bitcoin drops in value in the few days that the purchase price is on the notary's third party account?
"The whole system is not set up. I wanted to get more movement, "says Taihuttu. "Unfortunately, it has not become what I expected myself. We are not so far in the Netherlands that we have full confidence in such a block chain, so the notary will have to come true. "
Minimalist lifestyle
For the Taihuttu family, get used to it. They have converted their luxury home of 200 square meters with four bedrooms for a chalet on a campsite. The three daughters, each having their own room, are now sleeping in the same room.
Other items are also available for purchase, as much as possible, to purchase a bitcoin. By 2020, the Taihuttu's are all for the crypto coins. In three years, bitcoin and blockchain are no longer thought out, the 39-year-old Limburger hopes, and his ability is worth three to four times so much.
In the meanwhile, the family lives with fewer things, a conscious choice. "That was ultimately the decisive factor for my wife to say yes to this plan," said Taihuttu. "Educational is the best for the kids. If you raise them too materialically, that is not good. And we were honestly doing that. "
And if it fails? "Then we'll be without money. But I do not think that's the worst thing that can happen in life. "
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