Vitalik Buterin Nominated for Nobel Prize

Vitalik Buterin has been highly regarded by two renowned economists for the Nobel Prize in Economics, which will take place on October 14.

Vitalik Buterin Nominated For Nobel Prize

In the podcast episode of “The Marginal Revolution” aired on October 8, 2024, renowned economists Tyler Cowen and Alex Tabarrok engaged in a lively discussion about the potential candidates for the upcoming Nobel Prize in Economics.

https://www.youtube.com/watch?v=A2FZvEQmADc
https://www.youtube.com/watch?v=A2FZvEQmADc

In addition to familiar figures in the field of economics, such as Michael Woodford with his work on monetary theory, Susan Athey with her contributions to machine learning, and Ariel Pakes in industrial organization, the two experts made a bold prediction: Vitalik Buterin, the founder of Ethereum, could be a strong contender for this prestigious award.

Tyler Cowen lavishly praised Buterin’s significant contributions to the field of monetary economics, particularly in the realm of cryptocurrency. He emphasized that Buterin’s achievements surpass those of any other economist in this area.

“Vitalik didn’t just create a platform; he created a new currency. In many ways, he has challenged Mises’ regression theorem, following the extraordinary success of Satoshi Nakamoto. It’s hard to imagine anyone doing more to deserve a Nobel Prize,” Cowen remarked.

Both economists lauded Buterin’s extraordinary effort in transitioning Ethereum from a Proof-of-Work (PoW) mechanism to Proof-of-Stake (PoS) through the September 2022 Merge, without causing any network disruption.

Tabbarok quipped: “Have you ever seen those videos from Saudi Arabia where people change a car tire while it’s still moving? That’s exactly what Ethereum did. It’s truly phenomenal!”

Beyond his technical expertise, Cowen also praised Buterin’s personal qualities, describing him as “very polite” and saying he would be “an excellent candidate at the award ceremony.” Cowen further acknowledged Buterin’s substantial philanthropic efforts, amounting to millions of dollars.

Related: Vitalik Buterin Continuously Selling Memecoins for Charity

Notably, in 2018, the University of Basel awarded Buterin an honorary doctorate in recognition of his immense contributions to the development of blockchain technology.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, commonly known as the Nobel Prize in Economics, is scheduled to be announced on October 14. Regardless of the outcome, the mention of Vitalik Buterin as a potential candidate reflects the growing influence of blockchain technology and cryptocurrency on the modern economy.

(1 vote)

5.0/5

(1 vote)

Latest

Bnb Super Cycle – A Massive Rally Or Binance’s Next Big Bubble

News | Altcoin | Editor Choice

BNB Super Cycle – A Massive Rally or Binance’s Next Big Bubble?

Binance’s BNB token is heating up the crypto market with a series of new record highs, but amid the excitement of the so-called “Super Cycle,” many analysts warn it could just be a bubble waiting to burst.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Aster Accused Of Inflating Trading Volume, Token Price Drops 10%

News | Altcoin | Editor Choice

Aster Accused of Inflating Trading Volume, Token Price Drops 10%

The decentralized exchange Aster is facing heated controversy after being accused by DefiLlama of fabricating trading volume, causing the ASTER token to plunge sharply.

Bnb Price Surges Toward $2,000 Amid Altcoin Season Boom

News | Altcoin | Editor Choice

BNB Price Surges Toward $2,000 Amid Altcoin Season Boom

BNB continues to set new records as the altcoin season ignites, with investors eyeing the $2,000 milestone amid a wave of market optimism.

Bitcoin Breaks Weekly Inflow Record With $3.55 Billion Surge

News | Bitcoin | Editor Choice

Bitcoin Breaks Weekly Inflow Record with $3.55 Billion Surge

Last week, Bitcoin recorded a historic $3.55 billion in investment inflows, even as its price approached all-time highs and investors largely avoided short products. Across the broader digital asset market, total inflows reached $5.95 billion — the largest weekly figure ever recorded, according to CoinShares.

Screenshot 2025 09 10 100533