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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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.