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Vitalik Buterin: Prediction Markets Are Healthier and More Truth-Seeking Than Traditional Markets

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Vitalik Buterin highlighted how prediction markets offer a more balanced approach to price prediction, especially in emotionally charged debates. He noted that these markets, with prices capped between 0 and 1, avoid the volatility seen in traditional markets. Buterin emphasized that the fear and greed index has less influence here, and the system naturally moves toward truth through profit and loss. He also pointed out that prediction markets are more reliable than social or mainstream media in reflecting accurate information.
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