A family unit that went all-in on Bitcoin (BTC) back in 2022 has revealed its secrets to safeguarding the asset at present that information technology has increased in price past around v,000%.

The Dutch family of five's storage programme includes a serial of secret locations spread across iv different continents.

In 2022, the "Bitcoin family unit" liquidated all of its assets and went all-in on BTC when information technology was trading around $900. With BTC trading over $45,000 today, the family'south undisclosed fortune is substantially larger.

Patriarch of the family, Didi Taihuttu explained that he has hidden the hardware wallets beyond several countries so that he never has to wing very far if access to a cold wallet is needed.

Speaking to CNBC, he revealed that at that place were ii hiding spots in Europe, some other two in Asia, one in S America and a sixth in Commonwealth of australia.

In that location were no hole-and-corner surreptitious bunkers, he added, and the physical locations ranged from rental apartments and friends' homes and self-storage sites. "I prefer to live in a decentralized globe where I have the responsibility to protect my capital letter," he explained.

Hardware or cold wallets are a pop fashion to store crypto assets "offline," nevertheless, the owner is fully responsible for the individual keys, and at that place's no one to turn to in the issue of theft or loss. Castle Island Ventures full general partner and Coin Metrics co-founder Nic Carter explained:

"If you want to store your coins truly outside of the reach of the state, you lot can just hold those private keys straight. That's the equivalent of burying a bar of gold in your backyard."

An alternative is to use custody services, which a number of big exchanges such as Coinbase and at present PayPal volition provide.

For a combination of the two methods, Jack Dorsey's Square is building an assisted hardware wallet and custody service "to make Bitcoin custody more mainstream," as reported past Cointelegraph on July 9.

Co-ordinate to CNBC, 74% of Taihuttu's total crypto portfolio is in cold storage, with the remainder in hot wallets for quick admission and trading. He doesn't use banks or mail service offices, equally he finds them besides risky, fearing loss of avails should bankruptcy occur.

Related: What happens to your Bitcoin when you die?

Taihuttu did admit that some centralized common cold storage companies offer a major perk in the event of the death of the holder:

"They have cute setups for inheritance. When you die, these companies handle that, as well, and I actually believe they are doing a great job."

The family's crypto fortune includes Bitcoin, Ether (ETH) and some Litecoin (LTC).