Posted on 11/11/2015 1:45:07 PM PST by Another Post-American
The prize committee for the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel – known more commonly as the Nobel Prize in Economics – is set to discuss the nomination of bitcoin creator Satoshi Nakamoto.
The move comes days after UCLA finance professor Bhagwan Chowdhry penned an op-ed in The Huffington Post stating his intention to nominate Nakamoto for the prize. In his widely-covered article, Chowdhry wrote that Nakamoto deserves the prize because his invention, bitcoin, is "nothing short of revolutionary".
Following its publication, however, some observers raised the question of whether Chowdhry violated nomination rules by publicly disclosing his intention to back Nakamoto.
When reached for comment, Göran K. Hansson, secretary general of the Royal Swedish Academy of Sciences – the organization that awards the Nobel Prizes – indicated that the potential rule violation will be discussed.
Hansson told CoinDesk:
"The Royal Swedish Academy of Sciences requests that nominations for the Economics Prize are kept secret. This is clearly stated in the invitation letters sent to nominators. The Prize Committee will now discuss the specific issue."
Maria von Konow, communications manager for Nobel Media, had previously told CoinDesk that the following rule applies to the nomination process:
“The statutes of the Nobel Foundation restrict disclosure of information about the nominations, whether publicly or privately, for 50 years. The restriction concerns the nominees and nominators, as well as investigations and opinions related to the award of a prize.â€
Hansson did not offer specifics on the nature of the forthcoming discussion, and did not immediately respond to further inquiry into possible outcomes.
Pay out the award money in bitcoin...and see if he trades it in for real money.
Ping!
Or was that a case of mistaken identity?
That’s true, he could accept BTC without unmasking himself. And just sign a message (within a bitcoin transaction) instructing the committee on where to send the trophy or whatever it is, to a neutral location like the Bitcoin Foundation.
It was a pathetic case of journalism. Dorian Nakamoto, the guy in California, was an engineer who hadn’t even heard of bitcoin. I saw some of his personal emails and he had poor writing skills and an uncertain thought process. By contrast Satoshi’s writing was always excellent and displayed clear and confident reasoning abilities.
The Newsweek journalist never even provided an evidence that Dorian had the necessary skillset in cryptography - she just pointed to the fact that he was an engineer with an unknown background on secret government projects.
I know many think bitcoin is stupid.
But the genius behind the system and the block chain is amazing.
Digital Currency: So the World’s Elite can inflate the money supply indefinitely (seigniorage) to rebuild Babylon.
Maybe we should wait and see if bitcoin catches on, before we give awards for this new form of money exchange??? It may turn out to be a revolutionary as time goes on, but as of today we are not there yet with bitcoin.
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I understand your point. I guess I was pointing to the mechanics and putting the theory into practice.
Do I think I will ever be buying my coffee with Bitcoin? Probably not. But digital currencies are coming. And Bitcoin has blazed a trail.
Nobel prizes these days are awarded the exact opposite of posthumous. Case in point is the "peace" prize about 8 years ago.
I understand “spooky action at a distance” better than I do Bitcoin.
Uh oh. Now I know Bitcoin is a really horrible idea.
Yeah but has he organized any communities?
Yeah, that's why he invented it. Can't get anything past you.
this is just an attempt to unmask Satoshi
Not why he created it, but certainly where the bankrupt western world is headed.
Have you considered that maybe it would be an end-run around your latter-day boogie-men? Maybe it’s something God inspired?
They can do that just fine with fiat. The way to prevent it is for the market to dismiss their mechanizations by choosing to transact with scarce resources that are not under their control. Gold is one example, bitcoin another. So long as they don't control the miners they cannot alter the supply.
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