TechFlow News: On February 14, Ethereum co-founder Vitalik Buterin expressed concerns about the current state of prediction markets in a social media post. He pointed out that existing prediction markets overly focus on short-term cryptocurrency price fluctuations and high-stimulus yet socially low-value domains such as sports betting. Buterin proposed that prediction markets should shift toward generalized hedging functions—by establishing decentralized price indices and personalized prediction market shares—potentially replacing fiat currencies and achieving a truly decentralized financial stability system. He believes this model would attract long-term capital participation, avoiding the currently unsustainable reliance on “naive traders,” and thus provide fresh insights for building the next-generation financial system.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
