He is willing to give the city of Newport in the UK a cut of the bitcoin at a sum of $70 million so to be able to do this with approval of their local government.
This story has been run all around the globe at this point and has alot of people scratching their heads as to why he would need permission to rummage around a landfill site in garbage. Alot of countries allow those who want to go around their local trash site looking for pop cans for recycling or whatever they want to bring out of it. Since it is just garbage there.