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Early on Sunday, I was surprised to see Ethereum founder Vitalik arguing with someone about prediction markets. He believes that prediction markets are healthier than traditional financial markets.
Because social media and news tend to exaggerate headlines during events, they have a more emotional spread. However, prediction markets require people to bet real money, so the results are closer to reality and are not easily distorted by emotions and speculation.
So there is no need to worry about manipulation by public opinion.
It is worth adding that, although there are only 10 days left this year, Polymarket shows a 30% probability that Bitcoin will reach or exceed $95,000 during this period. #ETH