What do mosquitoes and bitcoin have in common? Well, nothing really, though there is a company called Spartan Mosquito – designed to kill and control the population of the nasty little bloodsuckers – that just accepted its first bitcoin payment. Now, it looks like it is on a quest to accept bitcoin and several other cryptocurrencies for all its products and services in the future. Spartan Mosquito Will Accept BTC The crypto world is wrought with currencies that were initially designed to serve as payment methods. While they have come across as solid speculative tools or even hedge tools over the past 12 years, their journeys towards the top of the payment ladder have been relatively slow, largely due to their volatility. Bitcoin, for example, is now experiencing one
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What do mosquitoes and bitcoin have in common? Well, nothing really, though there is a company called Spartan Mosquito – designed to kill and control the population of the nasty little bloodsuckers – that just accepted its first bitcoin payment. Now, it looks like it is on a quest to accept bitcoin and several other cryptocurrencies for all its products and services in the future.
Spartan Mosquito Will Accept BTC
The crypto world is wrought with currencies that were initially designed to serve as payment methods. While they have come across as solid speculative tools or even hedge tools over the past 12 years, their journeys towards the top of the payment ladder have been relatively slow, largely due to their volatility. Bitcoin, for example, is now experiencing one of its harshest volatility spells ever, having recently fallen from about $64,000 per unit down to roughly $34,000 at the time of writing.
Either way, this volatility has prevented bitcoin and its crypto cousins from being taken seriously by most retailers, who have often said “no” when it comes to accepting digital currency payments for goods and services. However, it looks like Spartan Mosquito is doing all it can to change this narrative. The company has unveiled its new “Serve the Underserved” program, which is focused primarily on removing all trade barriers with regions of the globe that could potentially benefit from what it provides, in this case pest removal.
Whenever we think of a deadly animal or creature, we often picture sharks, lions, and other large predators known for their ability to take down bigger prey or eat a human in one bite. However, we may forget just how many deaths mosquitos can be responsible for. While they may not have the size or the jaws of a lion, they spread diseases like no other insect, and can be devastating to humans – particularly to those in developing or poverty-stricken areas.
Spartan Mosquito is looking to change all this and wants to permit bitcoin payments amongst unbanked nations so they can garner access to the bug-killing methods the company uses to keep humans safe.
Giving People a Chance to Live
Jeremy Hirsch – the firm’s founder and chairman – stated in an interview:
We are finally closing the loop on the unbanked economies that struggle with the devastating impacts of mosquitoes from Africa to Asia. As a company, most of our efforts are focused on Culex quinquefasciatus (the southern house mosquito), Aedes aegypti (the yellow fever mosquito), Anopheles quadrimaculatus, and anopheles gambiae (the most important vector of malaria in sub-Saharan Africa). There are many areas of the world that struggle with Anopheles gambiae almost as much as they struggle with reliable commercial banking infrastructures. It is irresponsible for us to merely have effective technologies in the United States. These technologies must reach those most in need across the globe.