According to ChainCatcher news, and DLnews reports, Ethereum co-founder Vitalik Buterin responded to concerns about prediction markets threatening the integrity of sports events and elections.

He pointed out that the improper incentives created by prediction markets have long existed in the stock market, where politicians can profit from shorting stocks and then press the 'create disaster' button. He believes that prediction markets should be compared to social media, which is more likely to spread panic and misinformation, while prediction markets can provide useful information.

Vitalik expressed that he has often felt panic due to news headlines, but calmed down after checking Polymarket prices, saying, "Experienced people know the real situation; the probability of abnormal events occurring is only 4%." He cited Elon Musk's claim in 2024 that a civil war in the UK is inevitable, at which time the probability given by Polymarket users was only 3%.