BlockBeats News, December 21, Ethereum co-founder Vitalik Buterin posted on Farcaster, stating that the prediction market is a remedy for dealing with crazy viewpoints on emotional topics. He used two screenshots as examples: Musk had previously posted that a civil war in the UK was "inevitable," while in the prediction market Polymarket, the market asking "Will there be a civil war in the UK in 2024?" had only a 3% probability (Vitalik believed 3% was still too high due to some bettors artificially increasing the probability). Vitalik noted that many social media users exaggeratedly claim that "something will definitely happen" to create panic or attract attention, but they are not held accountable for it; whereas the prediction market involves real money bets and tends to reflect actual probabilities, countering these "crazy viewpoints."Subsequently, Vitalik elaborated on his overall view of the prediction market: compared to social media (where panic can be created without accountability) and mainstream media (sensational headlines), the prediction market has more of a "truth-seeking" incentive. Speaking the truth can earn a real reward, while lying carries a significant economic penalty. After encountering exaggerated news and checking Polymarket to find a very low probability, one can stay calm, or conversely, avoid false hopes. The prediction market is the "antidote" to social media, providing a more rational and responsible way of aggregating public opinions.

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