Vitalik: prediction markets must shift from betting
Ethereum co-founder Vitalik Buterin warned that prediction markets are sliding toward “unhealthy product market fit” by focusing on short-term cryptocurrency price bets and sports betting. Summary Vitalik warns prediction markets are becoming short-term gambling tools. He urges a pivot toward hedging and real-world risk management uses. Proposes personalized prediction baskets replacing fiat stability. Writing on…