Dentist accepting bitcoins (or other cryptocurrencies) - page 3.

Bosx1ne

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Quote from: Beman30 on February 10, 2019, 10:14:30 AM

Hello everybody,
I am a dentist owning more than one dental pratices.
I am looking forward to start accepting cryptocurrencies into my business.
Actually i would probably accept part in real money (Say 30%) part in crypto.
I am also thinking about opening a sort of dentalplan (paying an annual fee, gives access to a lot of discounts and guarantees) in this casse It would Be 100% crypto.
What do you guys think about? Suggestion?
Thanks for your time!!

Even a dentist like you are now planning to accept bitcoin as payment. It seems that many more people are now adopting it. In my country, there is application that the bitcoin users are using in order for them to exchange goods and services. Coins.Ph is the most popular and reliable bitcoin application in my country that can be use in order to send and receive bitcoins.

CryptoToxicAvenger

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The most important thing that you then had no problems from the state for it. But if there are no problems, you have come up with a great idea. I'd be happy to pay crypto for dental work.

michael23

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I would to come a dentist like that. You did the right thing that you decided to implement such rules in your profession. People need more places where they could pay with cryptocurrency. It's good that you encourage it.

andieoke

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If you are a doctor and want to accept Bitcoin as a payment tool, that is a good thing. but if you have allowed Bitcoin transactions at the place where you are, because if the drug supplies run out you have to buy it with money. if in your country Bitcoin has been legalized or will be legalized, then accepting Bitcoin as a payment tool is a very brilliant idea.

jerrison

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irrespective of the profession or skill or carrier or job or occupation or talent, it is all about payment and that is a business transaction and the best i know about business transactions is that payment is always involved and it has to be made through a medium as long as it has value. cryptocurrencies have value and it can be accepted by anyone who knows what it is and what values it has.

Freny250

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Once using cryptocurrency use token like usdt so as to minimize volatility to mininze risk and loss

miropp

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Good idea. The spread of bitcoin depends only on us, and if we try to promote it in different industries, it will contribute to its scalability. That's great. Therefore, I fully support your idea.

hxtop

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I congratulate you on your interest in the technology and courage you have shown. Although many companies think of using bitcoin as a means of payment, they are not taking any steps and your attempt will be encouraging others to take a leading role on this matter.

Beman30

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Quote from: KingScorpio on February 10, 2019, 12:53:02 PM

Quote from: Beman30 on February 10, 2019, 10:14:30 AM

Hello everybody,
I am a dentist owning more than one dental pratices.
I am looking forward to start accepting cryptocurrencies into my business.
Actually i would probably accept part in real money (Say 30%) part in crypto.
I am also thinking about opening a sort of dentalplan (paying an annual fee, gives access to a lot of discounts and guarantees) in this casse It would Be 100% crypto.
What do you guys think about? Suggestion?
Thanks for your time!!

so you are letting yourself being ruled and defined by the cryptocurrency index?

Could you explain a Little further please?

Beman30

newbie

Activity: 14

Merit: 3

Quote from: bdbabiak77 on February 10, 2019, 12:59:18 PM

Healthcare provider here. Just use BitPay or Coinbase Merchant. They both convert right away into fiat. I've been doing this since 2011 - I can count on one hand the number of times it's been used, and I've always lived in the biggest, tech-savvy, progressive, young cities. It's not likely to affect your practice at all, however since it's just another payment link/option, it doesn't negatively affect your practice in any way. It does make taxes on your schedule C (or S-corp LLC) far more complicated - I use CrytpTrader.tax - it's very effective and audit-proof. You have to file 8949s for any and all 1099-Ks you get.

Thank you very much, very appreciated. May i ask you, if you sell some of your service online?

bdbabiak77

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Healthcare provider here. Just use BitPay or Coinbase Merchant. They both convert right away into fiat. I've been doing this since 2011 - I can count on one hand the number of times it's been used, and I've always lived in the biggest, tech-savvy, progressive, young cities. It's not likely to affect your practice at all, however since it's just another payment link/option, it doesn't negatively affect your practice in any way. It does make taxes on your schedule C (or S-corp LLC) far more complicated - I use CrytpTrader.tax - it's very effective and audit-proof. You have to file 8949s for any and all 1099-Ks you get.

KingScorpio

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Quote from: Beman30 on February 10, 2019, 10:14:30 AM

Hello everybody,
I am a dentist owning more than one dental pratices.
I am looking forward to start accepting cryptocurrencies into my business.
Actually i would probably accept part in real money (Say 30%) part in crypto.
I am also thinking about opening a sort of dentalplan (paying an annual fee, gives access to a lot of discounts and guarantees) in this casse It would Be 100% crypto.
What do you guys think about? Suggestion?
Thanks for your time!!

so you are letting yourself being ruled and defined by the cryptocurrency index?

or in other words, those that where able to list their token high up in the corrupt index will have good teeth and the rest will have bad teeth?

thats a good justice

Beman30

newbie

Activity: 14

Merit: 3

Quote from: Huskarls on February 10, 2019, 11:58:04 AM

Quote from: Beman30 on February 10, 2019, 10:14:30 AM

Hello everybody,
I am a dentist owning more than one dental pratices.
I am looking forward to start accepting cryptocurrencies into my business.
Actually i would probably accept part in real money (Say 30%) part in crypto.
I am also thinking about opening a sort of dentalplan (paying an annual fee, gives access to a lot of discounts and guarantees) in this casse It would Be 100% crypto.
What do you guys think about? Suggestion?
Thanks for your time!!

Well, in my opinion, things like this would not be possible to really be applied, even some customers might find it difficult to use your services. Has payment for cash been difficult for you so far ?
This is about how your customers satisfied with your services, as long as they good with it, just use it.

Anything new Is tough. I would Be Happy with a 1% customers using it. Than working on It to make It become 5% in a couple of years.

Someone talked about Malta, nice Place for Dental tourism. Attracting people All around the world could Be usefull.

Huskarls

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Activity: 364

Merit: 10

Quote from: Beman30 on February 10, 2019, 10:14:30 AM

Hello everybody,
I am a dentist owning more than one dental pratices.
I am looking forward to start accepting cryptocurrencies into my business.
Actually i would probably accept part in real money (Say 30%) part in crypto.
I am also thinking about opening a sort of dentalplan (paying an annual fee, gives access to a lot of discounts and guarantees) in this casse It would Be 100% crypto.
What do you guys think about? Suggestion?
Thanks for your time!!

Well, in my opinion, things like this would not be possible to really be applied, even some customers might find it difficult to use your services. Has payment for cash been difficult for you so far ?
This is about how your customers satisfied with your services, as long as they good with it, just use it.

coolcoinz

legendary

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I wouldn't worry about volatility because it's a sword that cuts both ways. Since the price goes up and down, you can be sure that in time it will go back to where it was. It's important to have enough money on the side to be able to buy supplies while the prices are down, and I know how much medical supplies can cost you. It's basically half of what a dentist charges. There are countries in the EU that are very open to crypto businesses and have minimal taxation, like Malta.

abstractednerve

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Bcnex - The Ultimate Blockchain Trading Platform

Quote from: LeGaulois on February 10, 2019, 11:38:04 AM

Opening a business here you are sure to get enough work for the next 5 years without looking for clients

Absolutely. Lots of people are dying to use crypto in real life. If my country does support crypto and if crypto can be used in any shop then I could be the best buyer! Even it gives me a fantastic feeling by thinking that, crypto is using in every shop center and even in the e-commerce website! I hope our dream will be fulfilled gradually and crypto will be accepted by every country.

Beman30

newbie

Activity: 14

Merit: 3

Quote from: LeGaulois on February 10, 2019, 11:38:04 AM

In my country, people will pay with everything you accept, even if you say only Bitcoin, they will gladly jump to buy bitcoins to pay you with it. You need to wait for 1 year to see a dentist in my country. Opening a business here you are sure to get enough work for the next 5 years without looking for clients

Sooo... Where are you from?

LeGaulois

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Top Crypto Casino

In my country, people will pay with everything you accept, even if you say only Bitcoin, they will gladly jump to buy bitcoins to pay you with it. You need to wait for 1 year to see a dentist in my country. Opening a business here you are sure to get enough work for the next 5 years without looking for clients

abstractednerve

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You have made a great plan to help the crypto platform by helping yourself! Crypto payment is a good decision, though at this moment the crypto market is going through under a hard condition, but as you are a dentist and accepting only 30% in crypto payment then this idea can make you popular, different and also rich. Good Luck.

Beman30

newbie

Activity: 14

Merit: 3

Quote from: bL4nkcode on February 10, 2019, 11:03:35 AM

Quote from: Beman30 on February 10, 2019, 10:46:25 AM

First of all, thanks everybody for your interest and fast response.
I consider myself an entrepenuer rather than a dentist. I Ve builded 3 clinics very fast and pretty succesfully, now i am trying to do something new.
I would like to replicate my successfull business model to other dentists (also in other countries) and i was thinking to introduce other Payments methods.

Great decision, but you should at least be familiar with it and learn more about this industry, like how you can stay your crypto safe, how to recover your funds once software malfunction or whatever.

Quote from: Beman30 on February 10, 2019, 10:46:25 AM

I feel like It Is risky, but being One of the First using It could Be a huge advantage over competitors.
I would like to involve more and more dentists.
My motto Is "make dentistry affordable for everyone". So to speak crypto could help me out reaching that goal...
I Will Need to dig Infos before accepting It, so any Little suggestion would Be helpfull to make the process faster.

One concern Is about taxes, how are they regulated in Europe? Are there countries where It Is easier to accept them? Obviously i Will ask also to professionist, but sometimes (often) users are more informed than others...

I will suggest that much better if you accept segwit and lightning payment as well for faster transactions. Also about the tax

Quote from: https://cryptoresearch.report/crypto-research/taxation-cryptocurrencies-europe/

Fortunately, in all EU countries and Switzerland and Liechtenstein, cryptocurrency sales are exempt from the VAT.

Though I don't know if its still applicable now, don't see some news about taxation in EU countries.

Will give It a try to the payments methods you suggested

Topic: Dentist accepting bitcoins (or other cryptocurrencies) - page 3. (Read 745 times)