On Farcaster, Ethereum co-founder Vitalik Buterin @VitalikButerin recently shared his perspective on prediction markets, stating that they are “more worthwhile to participate in than conventional markets.”
He noted that because the probability outcomes of prediction markets are strictly bounded between 0 and 1, this inherently narrows the scope for pump-and-dump manipulation, leading to more rational market behavior.
This feature both reduces speculative risks and offers participants a clearer and more transparent environment for engagement.
#Prediction
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VITALIK BUTERIN: PREDICTION MARKETS ARE "HEALTHIER" THAN CONVENTIONAL MARKETS
On Farcaster, Ethereum co-founder Vitalik Buterin @VitalikButerin recently shared his perspective on prediction markets, stating that they are “more worthwhile to participate in than conventional markets.” He noted that because the probability outcomes of prediction markets are strictly bounded between 0 and 1, this inherently narrows the scope for pump-and-dump manipulation, leading to more rational market behavior. This feature both reduces speculative risks and offers participants a clearer and more transparent environment for engagement. #Prediction