Bankless founder Ryan Shawn Adams did just that opinion That Ethereum's Vitalik Buterin should be nominated for the Nobel Prize in Economics.

He added: "The fact that it has been so little looked at shows how disconnected ivory tower economists are from applied theory. Future generations will judge their absence harshly."

During a The last episode On The Marginal Revolution Podcast, co-authors and economics professor Alex Tabaruk and Tyler Cowen point out that neither prominent economist has made any contributions to cryptocurrency theory.

No economist has more to say about the topics Buterin writes about, the podcast hosts said.

Buterin successfully refuted Ludwig von Mises's theory of regression, which says that money tends to derive its value from its historically valuable use. Hence, this theory assumes that the demand for money is regressive. However, cryptocurrencies like Bitcoin and Ethereum seem to disprove this theory because they have no historical interest or intrinsic value.

Although Satoshi may be a leading candidate for the Nobel Prize in Economics, the identity of Bitcoin's creator remains unknown. As U.Today reported, Galaxy CEO Mike Novogratz recently indicated that Satoshi is likely dead.

Naturally, Buterin continued to contribute to the design of the Ethereum mechanism.

However, the Nobel Committee is unlikely to choose such unconventional winners.

The 2024 Nobel Prize in Economics was won by Daron Acemoglu, Simon Johnson, and James Robinson, whose work explored the relationship between economic development and societal institutions.