Ethereum Founder Vitalik Butterin says prediction markets are addicted to dopamine, not real info.
Vitalik’s critique isn’t about banning prediction markets. It’s about design. Right now, shallow bets dominate, so traders chase thrill instead of value. Well-structured markets could actually surface real signals, not just short-term swings. Understanding the mechanics matters.
Not all prediction markets are equal. Many reward fast clicks over thoughtful analysis. Vitalik’s warning is a reminder that design shapes behavior. Users should know what the platform incentivizes: insight or instant gratification. The difference changes how markets show reality.
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💥BREAKING:
Ethereum Founder Vitalik Butterin says prediction markets are addicted to dopamine, not real info.
Vitalik’s critique isn’t about banning prediction markets. It’s about design. Right now, shallow bets dominate, so traders chase thrill instead of value. Well-structured markets could actually surface real signals, not just short-term swings. Understanding the mechanics matters.
Not all prediction markets are equal. Many reward fast clicks over thoughtful analysis. Vitalik’s warning is a reminder that design shapes behavior. Users should know what the platform incentivizes: insight or instant gratification. The difference changes how markets show reality.
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