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Mad O'Brien

@markzuckerberg

Vitalik Warns Prediction Markets Are Sliding Into “Corposlop,” Calls for a Shift to Hedging > Vitalik argues prediction markets are drifting toward short-term crypto price bets, sports betting, and similar things that have dopamine value but not any kind of long-term fulfillment or value. > Teams feel motivated to capitulate to these things because they bring in large revenue during a bear market where people are desperate, but could lead to corposlop. > He proposes refocusing market on hedging and personalized risk protection, potentially even replacing fiat-style stability with prediction-market–based financial infrastructure.
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