Japanese City Govt Accepts Bitcoin to Preserve Famed Historic Park

The government of the Japanese city of Hirosaki is accepting bitcoin donations in its effort to preserve and maintain a popular cherry tree park.

In a first, a local government in Japan and a bitcoin company are cooperating to accept bitcoin donations from Japan and beyond to help preserve a popular cherry blossom viewing park. Preservation and maintenance costs at the historic park run up to hundreds of thousands of dollars a year, according to Japan’s public broadcaster NHK.

The effort will be facilitated by Tokyo-based bitcoin wallet and exchange provider Coincheck.

Donations will help preserve 2600 cherry trees of 50 different varieties and the 400 years-old Hirosaki castle at the park, by repairing its stone walls.

A pathway at the Hirosaki castle park.

Japan’s national public broadcaster also adds that officials chose bitcoin as a method of payment due to low remittance costs that will encourage overseas donations. The report further cites Hirosaki deputy mayor Noboru Yamamoto stating that bitcoin may

Read more ... source: CryptoCoinsNews

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