Alfred Nobel’s will and last testament created the Nobel Prize which is seen as one of the highest achievements that a person can attain in a given field of study. The award is bestowed “to those who, during the preceding year, have conferred the greatest benefit to humankind.” This raises the question of whether or not Satoshi Nakamoto deserves a Nobel Prize.
Satoshi Nakamoto’s innovation of Bitcoin shook the entire financial industry and to this day, the reverberations of that singular act can still be felt all around the world. The invention of Bitcoin in 2009 birthed a $2 trillion industry that changed the way we perceive money by eliminating the need for intermediaries. Sectors like art, commerce, education have all leveraged this technology, igniting calls that the founder of this revolutionary technology be bestowed with a Nobel Prize.
According to Michael Saylor, the CEO of MicroStrategy, Bitcoin’s founder “deserves a Nobel Prize in Economics for the invention of Bitcoin, followed by the Nobel Peace Prize for the invention of a monetary system that doesn’t rest on the threat of violence.”
