Why Prediction Markets Feel “Healthier,” According to Vitalik Buterin
Vitalik Buterin argues that prediction markets feel healthier than traditional markets because they reward being right, not being loud. In these markets, capital flows toward accuracy, not narratives, marketing, or insider access.
Unlike traditional finance where price can be distorted by leverage, incentives, or delayed information prediction markets force participants to put real money behind beliefs. Bad information gets punished quickly. Good information compounds.
Vitalik also points out that prediction markets aggregate dispersed knowledge more efficiently. Instead of relying on experts or institutions, they surface truth through incentives, letting probabilities evolve in real time.
The result is a market that feels cleaner, more honest, and less theatrical.
In short:
Prediction markets don’t care who you are only whether you’re correct.
That’s a feature, not a flaw.

