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Vitalik Buterin

@vitalik.eth

In a coin vote, if you vote for the wrong thing you pay no penalty, beyond the very slight chance that you personally are the one to push it over the edge. In a prediction market, if you are wrong you lose money, and if you are wrong while betting a lot you lose a lot of money. I personally find the probabilities that prediction markets give to generally be more accurate than what I am driven to believe by the (professional or social) media vibe. They actually help me stay grounded and know not to overrate things (but also know when something genuinely important happens)
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