South Korea to invest $8.7 million in virtual currency that would pay people to poop for biofuels

In South Korea, the government will invest $8.7 million to develop a virtual currency that pays people the equivalent of 43 cents every time they use the new waterless toilet developed by the Ulsan National Institute of Science and Technology that turns human waste directly into biogas. Hope is that by 2020, the value of the currency will have increased so that every “donation” is worth about $3.12. The plan is that the virtual currency will help to support the economically disadvantaged in larger towns and cities where the systems will be implemented.