Vitalik Buterin: Prediction Markets Could Replace Fiat Currency

Vitalik Buterin thinks prediction markets are missing the bigger picture. In a recent post, the Ethereum co-founder argued that these platforms could be far more than just places to bet on elections or crypto prices. In his view, they have the potential to become core financial tools, maybe even alternatives to traditional fiat systems like the US Dollar. Platforms such as Polymarket have exploded in popularity, but Buterin believes they are drifting toward what he calls “corposlop.” Too much speculation ...