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Last time I tried to give blood, I was told my iron levels were too low and to see a doctor. My doctor told me my iron levels were almost non existent and still working on it.
I wouldnt donate just because they paid me for it. I find that just.... nope, not good for a society where people are paid to donate blood products to save or maintain peoples lives.
I have haemochromatosis and donate to get rid of the damn stuff (iron).