Do some research to minimize the risk, you have to know your focus either you take it as a means of payment only
or you also plan to hold it long term just like investors do. These two things are necessary for you to understand because
crypto in general is risky and you might end up holding a useless coin if you fail to sell it at the right timing.

I'm always in favor of your plan but you should take some advise, you are a great help for the market adoption as you can also
help decimate information about crypto to your potential clients since you can talk to them face to face.

With different sort of payments, this will help you increase your market, if you noticed, there is growing number of business now
that are accepting crypto, so your decision is just timely. 

Where are you based? I am afraid in my long life I didn't took care of my tooths, I was only twice on emergencies with my back tooth / molar, still having a lot of problems in that area. If you can post some links about your clinic I would happily give a visit to one of your clinics, also can help for free to set-up a bitcoin/alt cryptocurrencies payment system.

That's a problem, not only here but in the whole crypto community. People consider Bitcoin as an investment or a store of value and not as it's supposed to be used...a currency. (Can you stop calling Bitcoin an investment?) I also remember a recent study (like +6 months ago) saying two-thirds of Bitcoin transactions are related to trading and not a real use.

@Beman30

Something to think about is what advantage people will get to pay you with Bitcoin? If none, then why someone would use is coins to pay a dentist, knowing people prefer to hold their bitcoins and wait to see the price increase, etc. People are only interested in money

If I get a 10% discount if I pay with Bitcoin I may think about it but other than that why should I pay with BTC. I could simply convert BTC to fiat and pay you with.
Also, did you consider that most people have health insurance? Let's say someone pays you in BTC and then the insurance refund in fiat? where is the interest for the patients?

i added something

It's a wise idea and one that will further the bitcoins cause in terms of adoption,as long as bitcoin is legal in your area and it's knowledge is inherent in a large number of the population then what you're aspiring to do is a noble cause
And if you're willing to handle the volatility of the bitcoin which you must out into consideration,you will also have to fake out done time to educate yourself patients on how to use the bitcoin should in case they lack such knowledge

Thanks for all the support!

One thing that absolutely came to my mind is that this is a real community, you guys want to make it work and this is a great thing, being a community will make things easier and faster, for me and for you. We will be able to customize the service before making it "big". We will start with a very very narrow service (not scalable), while this will get bigger and bigger we will try to scale it.

I will follow the project personally and if needed i will come to visit you or the reference dentist with you. I am not trying to earn money, at the moment i would be more than satisfied to cover a part of the expenses associated with the project.

So enough talking, now you guys have to show me how serious are
We will try to make it real, the first thing is to test it out, in this way i'll be able to understand the weakness associated to the project, this is what i need:

1) one of you, friend, family member, you name it, who needs dental work, i am talking about "heavy" treatment not a filling, just to be clear.

2) I will find a dentist where you live, we will make a first visit an x-ray and a quote for free.

3) If the quote and the treatment plan will satisfy you,  we will start a payment plan all in Crypto, no "real" money involved

4) i will start to get a grasp about crypto flaws and good... at that point we will make some more test with different patients and dentists.

5) when we will have some numbers to "crunch" i will start to find professional help (maybe one of your contact) to be able to understand crypto deeply

6) to be continued...

Let's start to dance please if you are interested send a PM or wright it here on the forum.

GOOD LUCK EVERYBODY!!!

Yes, the patients can pay their copays through a patient portal. I have debit/credit, PayPal, e-check, and crypto possibilities. Venmo and Paypal get way more use among millennials. Even though no one uses crypto really, it does seem to give the aura of "hipness" and cutting-edge tech, which is useful as advertising. I've have had some older people (fox news types) refuse to see me because of crypto's scammy reputation, but with my native personality and edgy political/economic ideas, I'm sure it would have been a bad fit anyway. But taking crypto is definitely a two-edged sword in medical practice, much like advertising.

The thing is crypto is going to sink back to its true value. It definitely has a future, but more like a 5-year to 10-year span. I sold out my first wave of bitcoin at $1000. I think that's its true value now. I think we're going to sink to the 2000s at least in the near future. I would leave like 10-20K each on 10 different exchanges (not too much at one exchange because a loss is very likely at an exchange) to buy back in at around 2k, maybe even with limit orders. If it never rebounds just take your money back in two years. I wouldn't leave anything in crypto holdings now because you'll lose capital.

I feel that taking crypto is the best way to move it forward. This is dot com all over again. I made good money off the future FANG same way at the end of the 90s. Just because something's true (like crypto) doesn't mean everyone sees it yet - markets are moved by the masses, not individuals. Patience and precision are key.

so you are letting yourself being ruled and defined by the cryptocurrency index?

Healthcare provider here. Just use BitPay or Coinbase Merchant. They both convert right away into fiat. I've been doing this since 2011 - I can count on one hand the number of times it's been used, and I've always lived in the biggest, tech-savvy, progressive, young cities. It's not likely to affect your practice at all, however since it's just another payment link/option, it doesn't negatively affect your practice in any way. It does make taxes on your schedule C (or S-corp LLC) far more complicated - I use CrytpTrader.tax - it's very effective and audit-proof. You have to file 8949s for any and all 1099-Ks you get.

Well, in my opinion, things like this would not be possible to really be applied, even some customers might find it difficult to use your services. Has payment for cash been difficult for you so far ?
This is about how your customers satisfied with your services, as long as they good with it, just use it.

In my country, people will pay with everything you accept, even if you say only Bitcoin, they will gladly jump to buy bitcoins to pay you with it. You need to wait for 1 year to see a dentist in my country. Opening a business here you are sure to get enough work for the next 5 years without looking for clients

Great decision, but you should at least be familiar with it and learn more about this industry, like how you can stay your crypto safe, how to recover your funds once software malfunction or whatever.

I will suggest that much better if you accept segwit and lightning payment as well for faster transactions. Also about the tax
Though I don't know if its still applicable now, don't see some news about taxation in EU countries.

First allow me to say that you are the coolest dentist alive.

Now with that being said, i personally believe that your first idea is better right now than the second one. For example,  you can accept Bitcoins and have a company instantly transfers it to fiat currency for your bank account(Since business require money to pay the bills) and you would be supporting cryptocurrency at the same time.

Here's one example: https://bitpay.com/retail

For the annual fee the same thing could be done. If you set a fixed price in dollars for example you shouldn't have any issues, it's up to the customers if they would like to pay for the annual plan when Bitcoin is low.

Would it be possible for you to give some sort of discount when people use cryptocurrency to pay?
In the end, you are saving on transaction fees and it's always a good thing to have less cash in your offices (to combat stealing)

I've seen some stores give out a 5 or 10% discount when people pay with Bitcoin.

as long as you are considering two things, i'd say it is a great decision.
first is the volatility that bitcoin and mostly other cryptocurrencies have which can eat into what you earn a lot at times. but if you can get over that risk then it can be a good potential for profit too as bitcoin is going to grow for sure.
second is whether there is a market for that. what i mean is whether your patients (since it can be different depending on the countries) even know about bitcoin and most importantly whether they are willing to spend it or are they only interested in hoarding bitcoin.