https://www.citadel21.com/can-bitcoin-fix-broken-fiat-medicine

I work in healthcare. Initially as a Respiratory Therapist providing direct patient care, then became one of those “dudes with an MBA and a fancy suit that…are not a scarce medical resource” and now back to the floor caring for sick people where my heart belongs. I read this and it makes me sick that it is much more lucrative to be one of those MBA assholes than to be the one to care for your sick loved one. Shameful all the ways in which the fiat disease has infected the healthcare system in the US.

Bitcoin fixes this!

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Discussion

That’s a great article. It describes all the tragedies of the privatization of medicine in the US.

“Who are the overlords? They are the politicians, bankers, Wall Streeters, pharmaceutical executives, health insurance executives, hospital administrators, etc., who suck value from the system that should have been directed towards patients and actual healthcare workers.

These rent seekers profit from various forms of taxation, and ultimately from an inefficient system that must continue to accelerate money printing to avoid grinding to a halt.”

The important conclusion is that a wealth of inefficiencies come when private corporations insert themselves between providers and end-users (patients). Every other first world country has some level of nationalized healthcare to prevent these problems, and for that reason healthcare in the US is suffering. People will recognize these issues and at the same time defend capitalism and attack any mention of socialized medicine, without recognizing that these problems are exactly what we get with capitalism. This is exactly the end point of a system that pursues profit and assigns some sort of morality to profit over social value. This is not a Bitcoin issue. It’s an issue of having a financial system that extracts value because the people have been successfully convinced that privatization of everything is good. Privatization of social social programs is the reason we are all here looking for a solution.