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Vitalik: Prediction Markets to See Increased Hedging Applications and Trading Volume with Interest Issue Resolved
Summary: In a recent post on Warpcast, Ethereum founder Vitalik Buterin stated that in the debate over the pros and cons of prediction markets, a key point to consider is that most mainstream prediction markets currently do not pay interest, making them unattractive for hedging. This is because participation means giving up the guaranteed 4% annual ...
In a recent post on Warpcast, Ethereum founder Vitalik Buterin stated that in the debate over the pros and cons of prediction markets, a key point to consider is that most mainstream prediction markets currently do not pay interest, making them unattractive for hedging. This is because participation means giving up the guaranteed 4% annual return on the US dollar. Buterin predicts that once this issue is resolved, there will be a significant increase in hedging applications and a further growth in trading volume.
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Link: Vitalik: Prediction Markets to See Increased Hedging Applications and Trading Volume with Interest Issue Resolved [Copy]
