Calling prediction markets just glorified gambling is missing the nuance, but the concern isn't unfounded either. Strip away the fancy tech and tokenomics, and you're left with people wagering on outcomes they can't control. The line between speculation and legitimate price discovery gets blurry fast. When the infrastructure looks identical to traditional betting platforms—odds, payouts, volatility—how exactly is this different from a casino? The real question isn't whether prediction markets should exist, but whether they're genuinely useful for discovering truth or just another playground for traders to print money.
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LiquidationTherapist
· 2025-12-20 19:42
Isn't it just gambling with a different appearance? The truth is revealed? Haha, that's just a story.
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ser_ngmi
· 2025-12-18 11:51
To be honest, this set of logic is quite heartbreaking... Essentially, it's still gambling, just with a different Web3 facade.
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OfflineNewbie
· 2025-12-18 11:50
Basically, it's gambling disguised as technology. It sounds high-tech, but the essence hasn't changed.
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AirdropFatigue
· 2025-12-18 11:49
Honestly, market prediction is just gambling disguised as Web3. Don't fool yourself.
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SmartMoneyWallet
· 2025-12-18 11:48
On-chain data shows that big players are aggressively accumulating at the bottom. Are you still debating whether to gamble or not? That's the difference.
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DegenWhisperer
· 2025-12-18 11:24
Basically, it's a casino disguised as Web3. I can't see any difference.
Calling prediction markets just glorified gambling is missing the nuance, but the concern isn't unfounded either. Strip away the fancy tech and tokenomics, and you're left with people wagering on outcomes they can't control. The line between speculation and legitimate price discovery gets blurry fast. When the infrastructure looks identical to traditional betting platforms—odds, payouts, volatility—how exactly is this different from a casino? The real question isn't whether prediction markets should exist, but whether they're genuinely useful for discovering truth or just another playground for traders to print money.