Vitalik Buterin backs Polymarket’s role in U.S. elections amid regulatory heat

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Vitalik Buterin backs Polymarket’s role in U.S. elections amid regulatory heat
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Polymarket’s prediction power could reshape how we view elections—what secrets does it hold for voters this upcoming election?

has emerged as a significant player in predicting the next crypto president in the U.S., particularly in a landscape where the previous administration under President Joe Biden was perceived as anti-crypto.In fact, recent data from Polymarket emphasized the election and talked about the importance of Pennsylvania in the upcoming election, considering its substantial number of electoral votes, making it a key determinant of the overall election outcome.

“Putting Polymarket into the category of “gambling” is a massive misunderstanding of what prediction markets are or why people are excited about them.”“Prediction markets are interesting because they’re a social epistemic tool.”

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