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

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Vitalik Buterin argues that prediction markets are healthier and more truth-seeking than traditional markets. He highlights that their 0–1 price range helps reduce manipulation and better reflects real-world uncertainty. Buterin also notes that these markets encourage truth-seeking through profit and loss mechanisms, unlike social media. Price prediction in such environments is more reliable, offering clearer signals amid the fear and greed index.
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