[2015-11-27] Financial Review: Bitcoin's journey from money laundering appeal to

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Bitcoin's journey from money laundering appeal to teaching the banks


http://www.afr.com/business/banking-and-finance/bitcoins-journey-from-money-laundering-appeal-to-teaching-the-banks-20151126-gl9gup

Bankers and economists are finding fresh virtues in the digital currency bitcoin at a time when the gold price is trading at close to six-year lows. So much so that the prominent American economist Bhagwan Chowdhry​ has nominated bitcoin inventor Satoshi Nakamoto​ for the 2016 Nobel Prize in economics.

Chowdhry, a professor of finance at UCLA, was asked by the Royal Swedish Academy of Sciences to nominate a candidate for the prize, and chose Nakamoto because bitcoin "is nothing short of revolutionary".