Joel Hunter, MD Refractive Surgeon, Hunter Vision Updated 06/04/21 10:22 AM
A quick note before you read this blog, for those wondering “who is Josh Hunter?” or “what is a fiat-only system?” ...I’d like to answer the first question, because that’s the only one of those questions I’m qualified to answer. Josh is my older brother, and he’s the brains behind Hunter Vision. While I know a lot about eyes, and how to make them see, Hunter Vision wouldn’t exist without Josh. It would just be me standing outside 7-11 asking people if they want LASIK, and then asking if they knew where an excimer laser is that we could use.
For every business decision — including the original decision to create Hunter Vision — Josh has been the pointman to create and build it. So, when it came to cryptocurrency, I handled the choice with the same trusty choice flowchart I always use. In this case, it went “Is this about the medical or surgical treatment of eyes?” No. “Is this a decision that will change the future of Hunter Vision?” Yes. That path leads directly to “Nod yes to whatever Josh is saying.”
In short, I don’t fully understand crypto, but I don’t need to because Josh does! I have no doubt this will be a wonderful new phase leading to a bright future that helps more people. So please, read on and learn about our new plans to accept cryptocurrency for LASIK!
Hunter Vision Now Accepting Cryptocurrency for LASIK Surgery Payment
We took the plunge. Our team recently decided to take crypto currency as payment for services rendered. We set up our commerce account on coinbase and are now accepting crypto payments. To our knowledge, we are the first medical practice in Florida to take the leap, and I’m pretty certain we won’t be the last.
We believe cryptocurrency will play a significant part in the way value is stored and transferred in the future.
Whether it’s DOGE or Bitcoin or any other coin or token is anyone’s guess, but the current fiat-only system no longer exists. People are investing every day in this “digital currency.” And it makes sense. Bitcoin is a store of value based on the number of people willing to assign value to it. It’s biggest difference from a dollar is there is no big government backing it up.
Bitcoin’s anti-inflationary properties (the number of new Bitcoin introduced into the supply continues to decrease over time as opposed to a fiat currency like the dollar we print more of at any point in time) make it an attractive option for both investors and businesses looking for ways to hedge against the debasement of our current currency.
While it is, to this point in time, subject to wild value swings (It’s up 100% in value this year, but down 30% from it’s highs a few weeks ago) it makes sense to begin providing alternative options for our patients to pay for their procedures and services at Hunter Vision.
For now, crypto payments will be held on the balance sheet and converted to fiat as quickly as possible to minimize risk. It’s an exciting new day as we provide new payment options for our patients seeking their very best vision for life.