Vitalik Buterin Warns Prediction Markets Are Becoming Overly Speculative

Ethereum co-founder Vitalik Buterin is voicing concern about the current direction of prediction markets, arguing that the sector is drifting away from useful economic tools and toward short-term betting. Key Takeaways: Vitalik Buterin warns prediction markets are drifting toward short-term speculation and betting. He proposes using onchain markets and AI to hedge everyday expenses and inflation risk. Supporters say platforms like Polymarket and Kalshi can also serve as decentralized market intellige ...