2016 but not entered into the list of economists was nominated for the next Nobel economics has been prepared , it is especially including a nomination for the father of virtual currency Bitcoin . However , no one knows the father who is the official Bitcoin . Until now , the Nobel Prize Committee has not been a case awarded the " anonymous " is like this . Earlier, there was a lot of information that economist , mathematician and programmer Satoshi Nakamoto , the Japanese was the one who created the virtual currency Bitcoin . However Mr. Satoshi again denies that. However , in documents released details about Bitcoin in 2008 was signed by Satoshi Nakamoto . In this document not only defines the operational principle of virtual currency , which Satoshi also introduced the first software system laid the foundation for virtual currency Bitcoin . Despite his denial Satoshi , Bhagwan Chowdhry professor has nominated the name " Satoshi Nakamoto " to the list of candidates for the Nobel Prize in Economics in 2016 . Mr Bhagwan said: " Bitcoin virtual currency to bring more benefits than the current traditional currency . Bitcoin safety , can split into millions of units , and most importantly be able to transfer instantly from anywhere in the world without the barriers of government and intermediary organizations such as Visa , Mastercard , Paypal, it also does not take transaction costs " . But this virtual currency also hides a lot of risk , and also thanks to the ability to trade without government or through the World Bank , should be a lot Bitcoin criminal organizations use . But this virtual currency without errors but errors are due to the way we manage and how to use it . No matter what is the meaning , then the father of the Bitcoin was nominated for the Nobel Prize in economics also shows the importance and value of this virtual currency for the world economy .