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Sunday, April 30, 2017

Japanese City Seeks Bitcoin Donations to Preserve Historic Park

Japanese City Seeks Bitcoin Donations to Preserve Historic Park

As part of a bid to preserve a historic park, a city in Japan is reportedly raising donations in bitcoin.

The city of Hirosaki, according to a report from national public broadcaster NHK, is collecting funds to maintain more than 2,000 cherry blossom trees, as well as a centuries-old castle.

Supporting the measure is Tokyo-based bitcoin wallet and exchange service Coincheck. According to figures posted on its website, 0.5749 BTC has so far been raised (worth roughly $720 at press time) from 40 contributors.

While small, the amount would no doubt help chip away at the expenses of the park in Hirosaki, as NHK reports the municipality spends hundreds of thousands of dollars per year on upkeep.

Full story at http://bit.ly/2pdXdY6

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