Will Bitcoin’s Creator Get A Nobel Prize?

No one really knows who Satoshi Nakamoto is, but he is believed to be the anonymous inventor behind bitcoin.

And now he could be up for a Nobel Prize in Economic Sciences. Yes, the mystery man behind the digital currency that’s created so much stir has been thrown into the mix by economist Bhagwan Chowdhry, a professor at UCLA. Chowdhry, who was selected by the committee to nominate someone for the 2016 prize, chose to nominate the man responsible for bitcoin.

“I then started thinking whose ideas are likely to have a disruptive influence in the twenty-first century. The name of the inventor of bitcoin suddenly jumped up in my consciousness, and I have not been able to get it out of my mind since then: Satoshi Nakamoto,” he wrote in The Huffington Post in a contributed piece explaining his nomination.

In his letter that explains why he believes “Nakamoto’s contribution [will] change the way we think about money” and the role banks play in moving money around the world, he rattles off a list of why bitcoin is “nothing short of revolutionary.”

“[Bitcoin] offers many advantages over both physical and paper currencies,” he wrote, listing off its ability

Read more ... source: TheBitcoinNews