My medical practice is a sub S Corp. We accumulated bitcoin at an average price of $34,230. More than 5, less than 8. It made us immune to insurance company games (we could outlast their delays), acquisition inquiries by private equity and gave us freedom to practice as we want. What’s best for patients. Haven’t been able to convince anyone else to do same. Oh well

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Instead of taking sub S distributions we purchased bitcoin. Took us 2 years to accumulate what we accumulated. Our fees are set by Medicare and private insurance companies so we don’t charge what we feel we are worth. Medicine is the only field where experience doesn’t lead to a higher fee. You get to see more patients as you get older instead of working less but for a higher fee!
Ah, gotcha. Nice! So you didn’t have to dip into the stack and just stacked. Eye cutter operations are usually better validating insurance prior to procedures, which probably helps a bit in estimating payouts I’d imagine. One of the most broken parts of the system is that we’re sort of employed/serf’d by “insurance” companies whether we like it or not. Definitely considering the DPC model on a Bitcoin standard once I feel like slowing down and getting away from acute care.
Yes I agree that the more direct care we can offer we will be better off. I’ve never had anyone pay me in bitcoin. Almost had a Canadian visitor pay in bitcoin but he opted for fiat 😂
It sounds no different than keeping $500,000 - $8000,000 cash on hand. But it only cost you 1/3 of that I am planning basically the same.