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Topic: Why is bitcoin not used in medical billing? - page 10. (Read 2505 times)

newbie
Activity: 28
Merit: 0
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
bitcoin is still a virtual currency and not been accepted by all countries as a form of payment. I think bitcoin is only used for internet payments

I dont understand why bitcoin are not accepted as medical billing.Although bitcoin price market value is so volatile but i think this could also be accepted in some countries as payment.I am hoping.
full member
Activity: 434
Merit: 100
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.

It would require a long investment to achieve that objective as we have seen in numerous nations starting at now btc isn't controlled and as yet having a few issues relating installment alternative and decentralization also. Still I feel sometime we divider will bargain advanced cash and overlook fiat that is what is the principle witticism for utilization of btc and all such crypto currencies.I would be cheerful to find later on if all these crypto are goign to be a piece of restorative administrations also.
full member
Activity: 680
Merit: 103
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
For me that's good idea, i think the reason why Bitcoin is not used in medical billings for now is that many peoples don't know what is Bitcoin yet, that's why it is very important for now to spread the awareness about Bitcoin and other cryptocurrencies. Maybe soon it will happen if 80% or 90% of the people in this world are already using Bitcoin, that's the time we can use Bitcoin to pay our daily expenses or even in medical aspects.
jr. member
Activity: 197
Merit: 1
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
bitcoin is still a virtual currency and not been accepted by all countries as a form of payment. I think bitcoin is only used for internet payments
newbie
Activity: 70
Merit: 0
I think it needs to be stable first before this can be true. i work in medical sector too and hoping for this to be a reality.
newbie
Activity: 210
Merit: 0
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
It takes time to get to that era. But actually it does not matter when your workplace agency can receive payment with bitcoin.
for now the decision is still private so it is not possible there will be intervention from other parties.
Unlike when the government has made a decision by making the regulation, it will be very different from what will happen later.

I look forward to one day my government and the agency where I work will accept it. I also understand that decisions are still private and that interference from stakeholders is difficult. But I hope the era will soon come

I agree. Yes, the decision whether to accept bitcoin in medical bills or not lies on the private sector and its head. Maybe because the bitcoin price is volatile, maybe that makes them scared to accept bitcoin as payments. But hopefully in the future,  they will accept bitcoin.
full member
Activity: 406
Merit: 100
It would take a long time to reach that goal as we have seen in many countries as of now btc is not regulated and still having some issues pertaining payment option and decentralization as well. Still i feel some day we wall will deal digital currency and forget fiat thats what is the main motto for use of btc and all such crypto currencies.I would be happy to see in the future if all these crypto are goign to be part of medical services as well.
legendary
Activity: 1694
Merit: 1003
Because of its volatility it is so unstable that accepting it as payment, you will be putting your self or the business at a great loss the good side of it is if you have the money to cover for the losses and can survive until the next bull run.
full member
Activity: 350
Merit: 100
yes i think maybe in the future we can see that bitcoin will be one if many payment system in medical billing, maybe not in medical billing only but it will be the payment for all thing that we know like the insurance, and the other.
member
Activity: 95
Merit: 10
For me bitcoin is never used in medical billing because bitcoin is unstable and bitcoin is still in progress. Soon they will continue to develop for payment system that will surely be use in medical billing.
full member
Activity: 630
Merit: 103
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.

I think this is case to case basis that it will depend to the establishments or to the place in which Bitcoin currency is welcome to use for spending like in Japan and Germany in which Bitcoin currency can now directly to use in most establishments including hospitals, groceries and some facilities that spending is involve. This was due to these countries have fully used the Bitcoin potentials into the fullest in which Bitcoin users has less tax to no tax collection if they use it in spending so therefore everyone will be encouraged to join the investment of this coin.
member
Activity: 251
Merit: 10
if you can just change it in your local currency and buy what you want or buy medicine food and many more things with bitcoin just change what I need in localbitcoin and ready
hero member
Activity: 1974
Merit: 502
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i think it is still developing so we can hope that it would happen very soon.
Maybe it's because bitcoin is not yet ready to get involved in that part. I think it is still developing as of now and not capable enough to bring the needs of medical billing. Let's just wait until it happens cause it will come sooner orthan later. That's a great thing that we should focus on cause it willwill be a great opportunity for bitcoin community.
sr. member
Activity: 812
Merit: 250
i think it is still developing so we can hope that it would happen very soon.
In order for that to happen there must be someone who is willing to start it. Maybe that part is still in progress and developing that's why we don't see it yet. We should push that idea because it's great and advantageous. It's just bitcoin is not at that point yet. Maybe soon once bitcoin is ready we're gonna see it.
newbie
Activity: 168
Merit: 0
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
It takes time to get to that era. But actually it does not matter when your workplace agency can receive payment with bitcoin.
for now the decision is still private so it is not possible there will be intervention from other parties.
Unlike when the government has made a decision by making the regulation, it will be very different from what will happen later.
If I am paid for a bitcoin in my electronic wallet then it would be great if someone like me is the new one that I wish bitcoin not used in medical billing  it wonderfull
full member
Activity: 322
Merit: 111
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It will be eventually, but I don't know if Bitcoin is what will be used. What will be used instead will be most probably medical records being timestamp or verified through the blockchain. I could hardly see Bitcoin having any use case in the medical field other than payment, which the Bitcoin network is simply not ready for at the moment.
newbie
Activity: 33
Merit: 0
Bitcoin is never used in medical billing because bitcoin is a cryptocurrency that still not yet approved by the government to be a payment for such things, like hospital, restaurant, groceries, and etc. If you want to still benefit something from bitcoin, then withdraw the money you earn from bitcoin, use it to the hospital, restaurant or anything you wanted to pay using bitcoin. That's the best way than saying to the doctors or managers and etc that you will pay using bitcoin. That will do it.
jr. member
Activity: 475
Merit: 1
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bitcoin will be used for medical billing in time to come. there are few medical tokens now like mtc and others..i believe with time the medical sector will fully adopt bitcoin use
full member
Activity: 882
Merit: 112
Your Data Belongs To You
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.

I believe that the answer is the same as in any other business. It is up to them to decide if they will and/or need btc payments. But there are a lot of projects which promise to use block chain tech for medical data safety , prescriptions and cross border medical treatment, lets see if they will succeed and if there is place for it in this industry.
newbie
Activity: 28
Merit: 0
Specifically using Bitcoins as an payment for medical treatment or medicine etc. Would be a bad idea because the value of Bitcoin is too unstable. But the idea of using cryptocurrencies also for medical treatment is great. It will also become a big help for those people, who eventually needs helps from family or friends far away to pay expenses to hospitals etc. If they can use a mobilephone and have an internetconnection, they dont need a bank in between or need help from other instances to transfer money. I´m not exactly sure about MedicCoin and Medicalchain, which possibilities they give. But its worth to research.
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