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Vitalik: Prediction Market Risk Not Higher Than Stock Market, Critics’ Fears Overstated

ChainCatcher reports, according to DLnews, Ethereum co-founder Vitalik Buterin responded to concerns about prediction markets threatening the integrity of sports events and elections. He pointed out that the perverse incentives created by prediction markets have long existed in the stock market, where politicians can profit by shorting stocks and then press the “create disaster” button. … Read more