Bitcoin family shares their secret

[Promocodeudo]

I don't know if those who use Bitcoin should ever keep secret from the family. I use Bitcoin from about 2020 but when I first move on crypto. Just then my family knows everything. But I don't think it can increase any risk. Whatever the past we have seen. Those who were Bitcoin Holder were carefully seed or phrase, even hiding it from his family. In various news, about 56% of Bitcoin Coin is not used and it is lost. Although it has had a huge impact on the Bitcoin market. If those who were Bitcoin Holder in the past, would have revealed to their children, now they would own a lot of wealth and live a luxurious life. That is why I think it is important to keep the secret key or phrase secret. However, it is also important to publish the family because they will be able to use Bitcoin well later.

In as much as I understand what you said and will want to agree to some points you raised, I will also you to understand that some may trigger a hodler to keep secret in thing relating to his Bitcoin holding to his direct or will I say immediate family, although in my own personally I also think no matter what a deceased family would've done to him or her if thats the case, such individual will definely have one person in his family that never treated him or her bad so no matter what such person is suppose to reveal his or her Bitcoin dealings to one person but in other words we never can tell sometimes the people or persons that cared about people in this situation as I mentioned may not be serious people to even utilize this hodlings well if it been giving to them I think such hodler may not want to see his suffering wasted instead he or she may prefer it to go than giving it to people who wouldn't know the worth, buddy I might have deviated much from the discussion a bit in my explanation but I was trying to list some things that may lead to some hodlers decision in regards to what you said.

If everything is normal, I think hiding the seed phrase to your hodling wallet or wallets from your family aren't good at all but some people do this things because of lack of trust, just like I said earlier, if this people open up the reason for their actions in this regard we may not blame them much.

[retreat]

But now that more people know that he has a lot of Bitcoin, what's the point of changing anything? It's still possible that criminals will target the family even if he says he only has a few Bitcoins on his phone, but criminals have ways of extracting information from him, whether through torture or other cruel means. So he should have kept quiet from the start and kept his family's privacy, instead of going around saying that he sold the house and got a lot of Bitcoins for it. But that's it, he's already in a hole, and his only option now is to hope that he doesn't run into a sh*t situation.

[HONDACD125]

This sounds interesting, but honestly, it raises some red flags. Selling everything to buy Bitcoin? That's a huge risk. While they got lucky back then, that’s not how it works for most people. The crypto market is super volatile, and relying on one asset can backfire.

That's exactly what I thought. They took the risk, and it worked out for them, but people shouldn't get inspired by their story and do the same thing because the risk is too big, and it isn't necessary for everyone to achieve the same results after taking such a decision. Imagine if Bitcoin hadn't performed this way, and it went down from where they bought after selling everything, they would be devastated because they would become homeless and broke, and you can't survive for very long like that in this cruel world, especially with a family and their responsibility on your shoulders.

A family once asked me if they should do something like that as well. They have a small house, and they thought that if they sold the house and bought Bitcoin with the money, they could make some money with it. At that time, the price of Bitcoin was around $30k or something, but I said don't do it, I didn't specifically said not to do it but I told them that it is too risky because if you don't make any money and have to wait for years before getting some profits, what will you do till then? So they decided they won't do it.

[VashaUdacha777]

Yes, his approach sounds quite smart and grounded in reality, especially for someone who is wealthy or publicly known.

Here’s why his system makes sense:

1. Privacy and Safety
Posting real-time updates or vlogs can unintentionally reveal current locations, routines, or personal details.

For wealthy individuals, this increases risks like stalking, burglary, or even targeted scams or extortion.

2. Avoiding Unwanted Attention
Wealth often attracts scrutiny or envy. Keeping a low profile helps avoid unnecessary drama, gossip, or backlash.

3. Digital Footprint Control
Once something is online, it's hard to erase. Reducing personal content limits what's available to the public—smart in the long term.

4. Focus on Real Life
Constant vlogging or posting can interfere with enjoying experiences. A private lifestyle can be more peaceful and fulfilling.

If he still wants to share updates occasionally, doing so after the trip or with minimal identifying details can help balance safety and sharing. But overall, yes—his system is thoughtful, protective, and well-adapted to the risks that come with visibility and wealth.

[AbuBhakar]

He said that they ditched their hardware wallets and instead went for part analog and part digital. Their seed phrases are said to be encrypted in encryption services or hidden across four continents.

“We have changed everything,” Taihuttu told CNBC on a call from Phuket, Thailand. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.”

Right now, he said that the family stopped posting travel updates as well as vlogging due to people identifying his family's location. It really is better to keep a low profile especially if you know you are wealthy. Do you think his system is a smart one?

I don't know what he meant when he said partly analog and partly digital but staying low profile is the best move especially if the public knows you're wealthy. Having your own security doesn't guarantee your safety and it also shows to the places you're visiting that you're some kind of famous personality which would alert some unwanted people there. I'm now curious how much bitcoin they have for the father to make those security measures. Hiding your seed phrases on 4 different continent means it's not just 10 or 20 bitcoin they have.

[bitbollo]

I remember their history on that time when has been posted. I was always skeptic about their move since a declaration like this would expose their profiles in all places in the world for many years. But in any case this is a clear victory for all people that own bitcoin and are using as a "reserve" assett.
It's full outside of meme that shows how a price of house has decreseased from 100 to 1 btc! 99% less.
We cannot know if this could happens also lately but probably the convenience of storing btc vs fiat will remain indefintely...

[batang_bitcoin]

I think that they're going to live a good life there in Thailand if they've mentioned it that they're there. But I agree to you that they should choose a country where they can live lowkey and no one knows who they are. Not only in third world countries but also in some far flung places in good and first world countries as well. Like the country side, they're for sure going to live a good life in there and only few to none people will know who exactly they are.

I don't think Thailand is that safe https://www.smartraveller.gov.au/destinations/asia/thailand

I think most countries have that risk in living but, there are some certain parts that tourists or new comers have to stay so that they're safe. So, the risk are everywhere but it can be minimized if they know where they are staying. And in their case, it seems that they know it well.

I guess they choose Thailand because it's one of the cheap country and have many entertainment.

Yup, they're living like kings there with the money that they have. The food, the stay, transportation and most things are cheap and that's why they've chose to stay there.

[uchegod-21]

This is a reminder that anyone who sees an opportunity in the early stage should make due research about that opportunity and utilize it optimally in order not to have perpetual regret in the future. The Bitcoin billionaires will see today we are the ones who made good research about Bitcoin even when people did not believe Bitcoin and today they are more than wealthy. Take the situation of CZ who sold all he had and was called a foolish child by the parents, now is another example of the Bitcoin family. It is because the researched and believe in Bitcoin in the early days.

I want to strongly advice that no one should sell their houses at this point to buy Bitcoin. Yes I said so,  even if bitcoin will have to clutch $1 million in the future, can attest to the fact that we are not the earliest commers. However whoever has a lot of money could sell part of their Estate to purchase bitcoin and if it eventually goes wrong,  they will still be rich.

[milewilda]

I remember their history on that time when has been posted. I was always skeptic about their move since a declaration like this would expose their profiles in all places in the world for many years. But in any case this is a clear victory for all people that own bitcoin and are using as a "reserve" assett.
It's full outside of meme that shows how a price of house has decreseased from 100 to 1 btc! 99% less.
We cannot know if this could happens also lately but probably the convenience of storing btc vs fiat will remain indefintely...

On the time that Bitcoins price didnt hit up that high and made out that all in kind of investment on which they had sold out everything then it would be that making up some news world wide and would be getting that kind of attention on which its normal. I do agree into those words that this one turned out to be dug out again just because Bitcoins price had been able to hit up that huge amount or new milestones about on that new all time high. Its something that wont be removed into someones mind here on crypto space. Take for example about with that Pizza Day on which this one involves 10k Bitcoin for pizza, its a notable event which is that part of Bitcoin history and to those people who do made out some risky decisions that not everyone will be doing will be also that getting that attention. For sure to those who had been here on this market for those long years had been familiar with this story that a family had sold out everything just to buy up Bitcoin and now it turned out to be that making them rich. Now they had made out some elaboration that they are keeping up their coins on a safe place but still it wont be enough that will be driving away those criminals that they would be trying out to find them and would be forcing them give their coins. Its just that been stated that they are now that keeping it secret on wherever they do go on which it is just that the right thing that they would do on which considering that they are compromising their security if ever they would be always that open or would be that always trying out to tell on where their route would be.

[Mastercon]

Many learn and stay, but many others learn and go. But we form a pretty tight knit bitcoin family we're glad to have you part of. It's like seeing your Kintergarden buddies at Christmas when everyone comes back for the bull markets. Why on earth would you sell it in hypotethical scenario of 2035 where Bitcoin market cap has passed gold and is in tens of trillions of dollars. Volatility has therefore disappeared in most extreme ways. Banks and institutions are allowing you to borrow against your positions in Bitcoin ETFs etc.

Why on earth would you sell scarcest asset in the planet where fiat debasement is infinite? Bitcoin is your family's future in this scenario.

Basically, to me, only logical way to benefit from your Bitcoin would be to move example 25% of your total stack to Bitcoin ETF. Then borrow against that and not the whole stack at most 8-10%; Other would recommend 18-20%, lesser the better. Obviously this is just a scenario, but trying to lay down my thinking.

You will always have the self responsibility of managing a secret. Where the third party is reducing your risk using Bitcoin and you never have to touch it directly except in instances of fraud and failure prevention. Let's make those structures more accessible. But if you don't want to take some responsibility BITCOIN IS NOT FOR YOU. These ETF's - especially the ones backed by casinos - are going to make people rich. If nothing else that will create some incentives.

[Alpen]

Do you think his system is a smart one?

I think they used to be truly free — traveling wherever they wanted without fear. But now, they’ve become targets.

Their life, which once looked like a dream, has turned into a constant worry for the safety of their children and loved ones. Criminals often go after family members, not the person holding the crypto. When your wealth becomes public knowledge, privacy and security are no longer luxuries — they become a matter of survival.

So while their security system might be smart from a technical standpoint, the emotional cost of constantly looking over your shoulder is a heavy price to pay.

[btc78]

The so-called bitcoin family sold their house and basically everything they own down to their shoes back in 2017 to buy bitcoin while it was still trading at $900. Obviously, we can see how that worked out pretty well for them. Now they are traveling with three children while continuing to use bitcoin.

We know how abundant kidnappings are these days just to get crypto which has made a lot of bitcoin enthusiasts worried. Didi Taihuttu, the father of the family, has said that he has changed their entire security setup after receiving some threats.

He said that they ditched their hardware wallets and instead went for part analog and part digital. Their seed phrases are said to be encrypted in encryption services or hidden across four continents.

“We have changed everything,” Taihuttu told CNBC on a call from Phuket, Thailand. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.”

Right now, he said that the family stopped posting travel updates as well as vlogging due to people identifying his family's location. It really is better to keep a low profile especially if you know you are wealthy. Do you think his system is a smart one?

They have done this from the beginning,because for sure there are lots of people or Bad People who's looking for chance of taking advantage of their wealth.

[henry_of_skalitz]

I remember their history on that time when has been posted. I was always skeptic about their move since a declaration like this would expose their profiles in all places in the world for many years. But in any case this is a clear victory for all people that own bitcoin and are using as a "reserve" assett.
It's full outside of meme that shows how a price of house has decreseased from 100 to 1 btc! 99% less.
We cannot know if this could happens also lately but probably the convenience of storing btc vs fiat will remain indefintely...

We just need to stay humble if such a thing were to happen.

Either with us or with somebody we know

[summonerrk]

The so-called bitcoin family sold their house and basically everything they own down to their shoes back in 2017 to buy bitcoin while it was still trading at $900. Obviously, we can see how that worked out pretty well for them. Now they are traveling with three children while continuing to use bitcoin.

We know how abundant kidnappings are these days just to get crypto which has made a lot of bitcoin enthusiasts worried. Didi Taihuttu, the father of the family, has said that he has changed their entire security setup after receiving some threats.

He said that they ditched their hardware wallets and instead went for part analog and part digital. Their seed phrases are said to be encrypted in encryption services or hidden across four continents.

“We have changed everything,” Taihuttu told CNBC on a call from Phuket, Thailand. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet on my phone. And that’s not a lot.”

Right now, he said that the family stopped posting travel updates as well as vlogging due to people identifying his family's location. It really is better to keep a low profile especially if you know you are wealthy. Do you think his system is a smart one?

All the statements of this father of the head of the family seem to be true, but in general I absolutely do not understand why he at some point told everything about his crypto activities in 2017.
I mean, selling the house and trying to make money on Bitcoin, which as I understand it, ended up being a huge success.
Now all the actions and words of this person look as if he realized his mistake when he told the general public everything about what they did with cryptocurrencies. It seems to me that it would be better if he kept silent all the time and now no one would know about their family and how they made money on bitcoin.