Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in ‘Bitcoin Revolution’

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As bitcoin fever sweeps the globe, many are wondering how they can get in on the action. Many are also wondering what the future of bitcoin will look like. The next frontier for cryptocurrency could be healthcare payments, as one Spanish healthcare company is looking to accept bitcoin for payments. Why? In part because they anticipate a “bitcoin revolution.” Reactions and Credits This was an amazingly eye-opening exercise. I had some idea of the relative popularity of sites like Huffington Post and LinkedIn, but the rest were a real eye-opener. I was also pleased to see that even the smallest blogs out there are using really strong titles, and I’m looking forward to using some of these in my own posts. One thing

The Spanish healthcare service provider, Grupo SOS, has announced that it will be accepting cryptocurrency payments starting next month. The company cited an interest in capitalizing on the cryptocurrency revolution as the reason behind their decision. The Grupo SOS is the largest Spanish healthcare provider, and it serves nearly 4.5 million people.

Regulation of cryptocurrencies is still a hot topic for the Spanish government and regulators, with some unfriendly measures against advertising cryptocurrencies or stricter tax rules. However, there is a growing acceptance in various industries and the healthcare industry is also joining the frenzy.

Patients may begin 1. June Payment with digital assets

According to Forbes Negocios, Biziondo, a Spanish medical group specializing in spine care, will accept bitcoin (BTC) and other crypto assets in its clinical facilities across Spain.

After seeing the global spread of what they call the Bitcoin revolution, executives became interested in blockchain technology and the fact that payments are not completely dependent on banks or traditional middlemen.

David Izquierdo, CEO of Biziondo, commented on the announcement:

Clearly, the bitcoin revolution has already begun. In an economic context where 60% of the world’s money will be printed by the central banks of Europe, the United States and Japan by 2020, a financial catastrophe is inevitable within 2 to 5 years.

He added that while the future is always frightening, people in the past have shown that we are very capable of adapting to change and that what is to come will be a new revolution, similar to the introduction of the Internet.

The medical group has branches in Bilbao, Madrid, San Sebastian, Málaga and Lorca, where people can be treated from the age of one. By June 2021, it will be possible to pay with cryptocurrencies.

Removal of fiat from private practice

Izquierdo also noted that the company continued to explore blockchain technology before deciding to implement bitcoin payments :

The abolition of money in private medicine promotes a new philosophy in which the citizen has the right to self-regulation. After spending hundreds of hours studying this technology, I personally decided to add the company to blockchain technology and digital currencies.

What do you think of this declaration by Spain? Let us know your comments in the section below.

Tags in this story

adoption, bitcoin (BTC), bitcoin adoption, blockchain, Europe, healthcare, Spain, Spanish bitcoin, Spanish crypto currency, Spanish crypto currency

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