Once Bitten! A Bitcoin Podcast. cover image

@Satoshis_Page - Truth Decay And How #Bitcoin Fixes This. #295

Once Bitten! A Bitcoin Podcast.

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The NHS

The NHS was introduced in 1946 by a politician named Annurin Bevin, and it actually came about as a result of the soldiers fighting in World War II. The idea was that they were going to provide a health care that was free at the point of delivery,. That's still the mantra towards the NHS in the first place. Of course, the moment you create a service that’s free at the points of delivery, if you understand economics, is you immediately distort the supply and demand curve. And so within three years, they realized that they had to start introducing patient charges just to try and put a little bit more of that, reduce the demand possibly. But of course,

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