Vitalik Buterin: Prediction markets are healthier than traditional markets and help in seeking the truth
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ChainCatcher reported that Vitalik Buterin posted on the Farcaster platform, stating that prediction markets are the antidote to extreme views on emotional topics. In his personal opinion, the worst-case scenario for prediction markets in theory is incentivizing harm for profit, but small-scale prediction markets on large-scale events are not like this. Traditional stock markets also have similar drawbacks, as political participants can profit from disasters by shorting stocks.
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