As Bitcoin (TIKER: BTC.EXANTE) is soaring to new heights, a Dutch family of five has sold all they own, including a business, their home, two cars and a motorbike and invested the takings in the cryptocurrency, AFP reported.
Didi Taihuttu, who is an IT specialist and until recently ran a company employing 16 people, believes that “Bitcoin is the currency of the future.”
"We are putting everything into Bitcoin, we've sold everything to invest in this currency," Didi Taihuttu said.
Taihuttu, 39, his wife and three daughters, aged 12, 10 and seven, are living in a small holiday chalet in a camping ground in eastern Venlo and are watching their savings "grow every minute somewhere on the cloud.”
"We are taking part in a revolution, or an evolution of the monetary system," he added, predicting that "by 2020 the Bitcoin will probably be worth 25,000 euros.”
Should things go wrong, the family will just "go back to square one.” But if he wins his bet, Taihuttu wants to show the world to his daughters and help poor people with the earned money.