The unknown who invented Bitcoin is nominated for the Nobel Prize in Economics

Until now, nobody knows who invented Bitcoin.

Although cryptocurrency Bitcoin has become very popular, no one knows who is the inventor. So far, all we know is that it (or they?) Calls himself Satoshi Nakamoto, and is the author of 9-page document entitled "Bitcoin: A Peer -to-Peer Electronic Cash System ". But that does not stop him from being nominated for the Nobel Prize in Economics in 2016.

Whoever nominated Satoshi Nakamoto is Bhagwan Chowdhry, finance professor at UCLA (University of California, Los Angeles). This year he was invited to nominate someone for the Nobel Prize in economics. And in an article published by The Huffington Post, the professor explained that after reflecting on the ideas that have distrupté the twenty-first century is the name of the inventor of Bitcoin that came to mind .

Although no one knows who is Satoshi Nakamoto, where he lives or where he studied, Bhagwan Chowdhry justifies the appointment of the outsider with this: the invention of the digital currency is revolutionary. Indeed, for him, the Bitcoin offers many advantages over virtual currencies.

He said: "It is secure, being based on an almost unbreakable cryptographic code, it can be divided into millions of small subunits, and can be transferred from secure manner and almost instantly from one person to another in world with internet access is through governments, central banks, and financial intermediaries such as Visa, Mastercard, Paypal or commercial banks, eliminating the time and transaction costs. " In addition, the protocol used by the Bitcoin would also spawned many innovations in FinTech.

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