Buterin asks whether crypto prediction markets reflect the wisdom of the crowd or are skewed by illiquidity and the political bias of their social base.
On the eve of the United States presidential election, most mainstream polls are pointing to a highly likely Joe Biden victory, though this isn’t reflected in crypto prediction markets.
For Ethereum co-founder Vitalik Buterin, the “big difference” between them presents something of a puzzle, and he’s offered three guesses as to why such a disparity has emerged.
In what he posed as a pro-prediction market or favorable view, Buterin suggested that these markets “correctly incorporate the possibility of heightened election meddling, voter suppression, etc.
