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Vitalik recently blogged [0] that prediction markets might be there most important thing in Ethereum. > it is one of the Ethereum applications that have provid
by qznc 6y ago
Vitalik recently blogged [0] that prediction markets might be there most important thing in Ethereum.
> it is one of the Ethereum applications that have provided to me the most concrete value.
[0] https://vitalik.ca/general/2021/02/18/election.html https://vitalik.ca/general/2021/02/18/election.html
- londons_explore 6y agoNot everyone has a million dollars lying around to earn a 5% return, if your bet is correct...
- joosters 6y agoThat's a short-sighted, american-centric view. In the rest of the world, prediction markets (e.g. Betfair) have existed for decades. It's not a technology that needs decentralisation or its own currency, so why on earth is it expected to be a killer app for crypto?