Vitalik Buterin Opposes Classifying Polymarket as Gambling

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Prediction markets play a crucial role in improving the quality of public debate and decision-making. In his view, these platforms allow for the identification of people’s real expectations and take into account expert opinions, which contributes to more accurate forecasting of future events.

Buterin also noted that prediction markets help society navigate complex situations and make more informed decisions based on collective information. He emphasized that such platforms are not just financial tools, but important mechanisms that can positively influence the development of the economy and politics.

“Describing Polymarket as gambling is not only an oversimplification but also a disregard for their potential as valuable tools for analyzing and understanding complex issues,” he added.

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