Vitalik: The risk of prediction markets is no higher than that of stock markets; external concerns are severely exaggerated

Vitalik: The risk of prediction markets is no higher than that of stock markets; external concerns are severely exaggerated

2025-12-25 11:12

ChainThink reports, according to DLnews, Ethereum co-founder Vitalik Buterin responded to external concerns about prediction markets undermining the integrity of sports events and elections. He noted that improper incentives created by prediction markets already exist in stock markets, where political figures could profit from shorting stocks before pressing the "trigger disaster" button. He argued that prediction markets should be compared to social media, which is far more prone to spreading panic and misinformation, whereas prediction markets can deliver valuable insights.

Vitalik stated he has repeatedly felt panicked by news headlines, but calmed down after checking prices on Polymarket: "Those with experience know the real situation—the probability of an exceptional event is only 4%." He cited Elon Musk's 2024 claim that civil war in the UK was inevitable, when Polymarket users assigned a probability of just 3%.

#Ethereum# prediction market #Risk Alert#Information Accuracy

Disclaimer: Contains third-party opinions, does not constitute financial advice

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