What do you think about cord blood?

This came in the mail the other day. It is a package we have to take to the hospital when I will give birth to my baby. It contains all the stuff to collect our cord blood. It will be frozen and saved for 30 years or so. In case the baby will get a disease, we can probably use the stem cells from it to help her. I discussed this with a lot of people, especially the pregnant ones around me. I am really surprised about how few people consider doing something like this. It is true that doctors are at the beginning of a long research path with it, and people are not sure for what it can be used. And if you want to keep it for yourself, it is not cheap either. For us it was not a question though - it is like a kind of insurance you take. You never know if you will need it, but if you don't have it and need it, you will regret. We took a combined option of saving and donating it. Means we pay for it and will keep it for ourselves. At the same time the data are put into a donation database and if somebody needs it, we can decide to give it to the person and will get all our money back. And if you don't want to do it, you can still donate it, otherwise the cord / blood is thrown away after the birth. And they say that there will be no impact on mom and baby, only that the cord is cut a bit earlier. But we will be fine with that if we can save somebody's life. Do you have any experience with it? Would you do it?

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