Recovery Unplugged announced that it will accept the cryptocurrency Bitcoin as payment for addiction treatment services. Recovery Unplugged has officially established its Bitcoin transaction infrastructure and is readily accepting the cryptocurrency through Coinbase.
Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. About 11% of Americans hold some amount of Bitcoin.
Recovery Unplugged is a national addiction treatment organization that uses a music-assisted approach to help consumers heal from addiction disorder. Its treatment centers provide a full continuum of care for the addiction treatment process including medical detoxification, comprehensive behavioral rehabilitation, and medication-assisted treatment. Music is fully integrated into the model with innovative music-focused therapies. It has residential treatment facilities in Austin, Texas; Fort Lauderdale and Lake Worth, Florida; Nashville, Tennessee, and Northern Virginia
This was reported by Recovery Unplugged on February 18, 2021.