A decentralized health insurance co-op could be setup with the mission of providing health coverage to its members. It would operate similar to a non-profit where the focus is on the members and not shareholders. The co-op would use a blockchain as its data structure and each user would run a node with software that would allow then to submit claims, payments and vote.
The following are two essays that I wrote for a Banking and Finance class for my Masters in Digital Currency. The assignment was two short essays, one on why bitcoin is money and another on why bitcoin is not money. Both have been edited slightly.
Bitcoin is not money
Bitcoin is not recognized by any country as […]