The post Vitalik Buterin Deserves the Nobel Prize in Economics: Report appeared first on Coinpedia Fintech News
A prominent economist, Tyler Cowen recently made a bold statement that the founder of Ethereum (ETH), Vitalik Buterin is a highly deserving contender for the upcoming Nobel Prize in Economics. This comment was made during Cowen’s recent podcast with a well-known economist Alex Tabarrok on October 8, 2024.
Vitalik Buterin Game-Changer in Cryptocurrency
The reason Cowen noted is Buterin’s significant contribution to the cryptocurrency economy and his contribution far exceeded that of any other economist across the globe. He further stated, “It’s amazing to me how much none of the economists that I can think of at all have made any contributions to the theory of crypto.”
In addition to this Cowen also noted, “Vitalik built a platform, created a currency, you could say, refuted Mises’ regression theorem in the process, obviously following in the footsteps of Satoshi (Nakamoto), but my goodness, what does someone have to do to get a Nobel Prize?”
“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?”
Vitalik Buterin’s polite personality and philanthropic endeavors
Additionally, during the podcast, the economists praised Buterin’s leadership in transitioning Ethereum from Proof of Work (PoW) to Proof of Stake (PoS), comparing it to changing a car’s tire while it’s still in motion, without causing any disruption in its operations
Another point highlighted by the economists is Buterin’s extremely polite personality, along with praise for his philanthropic endeavors, which include his donations and charitable behavior. In a statement, Tabarrok noted that Buterin has donated hundreds of millions of dollars.