Vitalik Buterin Praises Prediction Markets Over Social Media

Ethereum co-founder Vitalik Buterin believes prediction markets are a more accountable and truth-seeking alternative to traditional investing and social media discussions on sensitive topics. He argues that bounded prices in prediction markets reduce speculation and irrational behavior, making them a healthier option for investors. The largest prediction market platform, Polymarket, recently returned to the US market after a regulatory ban. Buterin emphasizes the importance of accountability and accuracy in prediction markets compared to mainstream media and social media platforms.