Compass Investments

– Didi Taihuttu, father of YouTube-famous bBitcoin family

b, shared that he has reviewed his family’s security measures due to the increasing number of high-profile kidnappings of cryptocurrency holders.

The Taihuttu family was known for hiding hardware wallets in rented apartments around the world. Now Taihuttu has switched to a hybrid method that combines analog backups on steel plates with blockchain-encrypted services hidden in secret locations on four continents. They gave up on hardware wallets for fear of remote access or a backdoor in the firmware.

One significant change was the controversy surrounding the Ledger 2023 update, and they decided they liked the steel-engraved initial phrases with their encryption layers. Their 24-word recovery phrase is now split into four sets of six, and they’ve added erroneous instructions, so without knowing which words have been changed, you won’t be able to access your funds.

the Teichutts sold almost everything they owned in 2017 to buy bitcoin and live without a bank while traveling with their three children. Recently, the couple began receiving threats, causing them to stop reporting their whereabouts and suspend filming at their residence.

Their new form of cold storage, which uses decentralized storage, aims to protect against physical coercion, centralized exposure and the long-term emergency risks of hosting platforms on the blockchain.

According to Taihuttu, about 65% of their crypto assets are stored in a vault, while the rest are stored in hot wallets and decentralized exchanges via a multi-signature wallet.

Even if someone finds 18 out of 24 words, there’s nothing they can do,

b explained Taihuttu. You just have to remember which words you changed.

safety for Taihuttu has gone from a technical challenge to a very personal one. We’ve become a bit of a niche market,

, he said.