The post Ethereum Founder Proposed For Nobel Prize In Economics appeared on BitcoinEthereumNews.com.

Two economists recently discussed the forthcoming Nobel Prize in Economic Science and the possible outcome for this year’s ceremony, naming Ethereum’s co-founder, Vitalik Buterin, as their unconventional pick for his contribution to crypto. Economists Make Non-Traditional Pick For Nobel Prize In Economics On Tuesday, Tyler Cowen and Alex Tabbarok discussed their predictions for the upcoming Nobel Prize in Economics winner. In The Marginal Revolution Podcast, the two economists shared their thoughts on “questionable” past winners and who they believed could win the prize this year, exploring a non-traditional pick like Vitalik Buterin. Cowen proposed Ethereum’s founder as his unusual choice, citing his contributions to crypto. He considers that Buterin, unlike the economists he could think of, “actually did something on monetary economics” and contributed to the “theory of crypto.” Tabbarok agreed with his co-host, noting that economists are starting to take a greater interest in the industry “as it has become a bigger share of the economy,” but highlighted that the fundamentals of crypto were all developed by computer scientists. Additionally, he argued that crypto is an “applied mechanism design in the world,” noting that Bitcoin and Ethereum are incredible examples. Tabbarok emphasized they are working in the real world, even if many would have considered it “impossible” years ago. Cowen also listed Vitalik Buterin’s contributions, questioning what else would be required for Ethereum’s founder candidacy to be considered: Vitalik built a platform, created a currency, you could say, refuted Mises’ regression theorem in the process, obviously following in the footsteps of Satoshi, but my goodness, what does someone have to do to get a Nobel Prize? Ethereum’s Founder Case For The Prize The economist also underscored the network’s performance, noting ETH’s hundreds of billions of dollars in market valuation. As of this writing, Ethereum is the biggest chain by…

---

Filed under: News - @ October 10, 2024 8:22 am