A newborn is being called the world's first Bitcoin baby after a doctor accepted Bitcoin payments from the baby's parents for fertility treatments.
Dr. C. Terence Lee of Brea, Calif., is fascinated with Bitcoin and its potential in the marketplace. That is why he accepts it as a form of payment at his office.
Lee is an "early pioneer in the Bitcoin retail economy, and a sign on his clinic door advertises his accept forms of electronic payment: Visa, MasterCard, or Bitcoin."
Lee said he has not had any Bitcoin users come in before the recent couple who sought fertility treatment. Reddit led him to the couple.
"We see 10 to 40 patients a day, and nobody even bothered to ask what the sign meant," he said."I thought it was interesting — people supporting it as a way for the common man to take back hold of finance ... I was like, 'OK, let me support them.' And then I became part of them."
Though some patients were not interested in becoming parents to a Bitcoin baby, Lee said the couple was willing to do it out of loyalty.
"In some cases, they reacted like I said I wanted to be paid in vials of crack cocaine ... They said, 'Dr. Lee, we don't understand this Bitcoin thing,' but bless their hearts, they were willing to play along out of loyalty," Lee said. "I offered them a 50 percent discount."