RATE Group | Is the Alan Turing £50 a Nod to Cryptocurrency?
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Is the Alan Turing £50 a Nod to Cryptocurrency?

15 Jul Is the Alan Turing £50 a Nod to Cryptocurrency?

Posted at 17:28h in Cryptocurrency News by

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This is probably going to sound silly, but hear me out: The Bank of England’s new £50 note featuring Alan Turing is a quiet nod to cryptocurrency.

What do you know about Alan Turing?

In multiple disciplines, you may have heard of him. He has the most prominence in cryptography and computer science but plays an essential role in military and LGBTQ+ history as well.

Is Fiat Money Turing Complete?

Turing was prosecuted for practicing homosexuality in the 1950s. The decade before, he had developed a system for breaking German ciphers and effectively assured allied victory.

Turing’s importance cannot be understated.

Now, in 2019, having been pardoned six years ago, the Bank of England wants to give Turing an honor: his portrait on the 50-pound note. They had almost 1,000 people in science to pick from, narrowed down to 12.

2019 is a particularly exciting year for cryptocurrency. The year of the Libra, we’ve finally seen people like President Donald Trump denigrate blockchain…

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