This week, as Bitcoin soared to a record $108,364, Dutchman Didi Taihuttu, who famously sold his house and almost all of his possessions for Bitcoin (BTC) in 2017, made a new post on social media.
The world first heard about Taihuttu's bold move in October 2017, when many called him "crazy."
We are an adventurous family and we are going to take risks to live a minimalist life. If you never take risks, life is boring, Taihuttu explained at the time.
On December 17, 2024, Taihuttu recalled his action many years ago and announced that "we sold our house for 300 thousand in 2017 for 100 bitcoins. Now we can buy back the same house, which is worth 400 thousand today, for 4 bitcoins."
If we had kept 300k in a bank account since 2017, we wouldn't have been able to buy back the house. That's the difference with Bitcoin.
With Bitcoin at $100,000, 100 BTC is worth a whopping $10 million today. If the head of the Taihuttu family had saved every satoshi, he could have bought 25 houses at $400,000 each. Of course, traveling the world all this time, the family spent some of their BTC.
Taihuttu’s story is a testament to personal strength in the face of financial uncertainty. His willingness to take risks and change course in difficult times highlights a mindset that embraces long-term vision over short-term setbacks.