Dr. Raj Dhiman prides himself on being forward thinking.
He offers what he describes as cutting edge dentistry at Ladner’s Riverside Dental so it seems only natural the dentist would start to accept Bitcoin as a payment method.
Bitcoin is a world-wide payment system that is the first decentralized digital currency that works without a central bank.
Dhiman, who has invested in Bitcoin and has done extensive research on the technology, was convinced to take the next step by patient Kyle Dunn.
Dunn, who grew up in Ladner, is an advocate for cryptocurrency, is a former financial advisor, and founder and CEO of Vancouver-based Horizon ecoPlanning Group Inc.
“Kyle is certainly in the space and I’ve been learning a lot about Bitcoin, so he convinced me to take this step,” said Dhiman. “It is a very new technology, but I think this technology is going to change things in the financial industry and the way things are done.”
“As a business owner my philosophy is to always look to be better, be more efficient and offer the very best for my patients,” he said. “Bitcoin is just another evolution of that thinking. I don’t know of anyone else that is offering Bitcoin as payment in South Delta. My goal is to make people understand this technology better.”
Dhiman has had signage up at Riverside Dental for only a couple of weeks, but has already received a fair amount of inquiries from patients.
“Most people have heard of it, but they don’t know what it is or how it works, so we have been helping guide them, but I expect as the word gets out there we will get more people that will use this form of payment. People that are in this space tend to seek out people that accept Bitcoin.”
Dunn said he has paid twice using Bitcoin for multiple procedures.
“I’ve been in the space for a couple years now,” said Dunn. “I’ve traded Bitcoin for a couple of other currencies and it has changed my life. It is new found freedom owning a piece of Internet money, yet you can’t see it.”