One thing I’m seeing is the crowd funded ones are all starting with a majority of young healthy people - that shit is going to flip someday and we’ll see how that goes when shit gets real for those first set of cohorts.

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The crowdfunding model is actually how it was pre insurance. It was through churches and things like that. We’re kinda just reverting. If they decide to recruit doctors and hospitals that will take cash payouts they could realistically make it work long term. It’s weird that the only thing in the market that doesn’t show you the price of things until after they’ve already given it to you.

Was about to say this. It was actually the model pre insurance era and was essentially how insurance began. It’s still the best model and only migrated into today’s bloated insanity due to the explicit bureaucratic menace and middlemanning its tentacles into every aspect of basic medical care.

In other words, I can’t see any way it becomes as disastrous as the current system… unless it just ties back into the current system. Otherwise it’s a far better, more direct, an cheaper model for care.

“in other words, I can’t see any way it becomes as disastrous as the current system… unless it just ties back into the current system.”

I wonder if the “ties back” part is just the human nature part where all systems of any size start to grift rot as they grow big enough. I hope bitcoin is the incentive that can keep it on the success rails though.

The grift is so entrenched in the system it’s gonna be hard. Good intentions turn into horrible outcomes so fast.