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Vitalik Buterin Warns: Prediction Markets Risk 'Corposlop' Addiction

2/19/2026

Summary

Story summary

Vitalik Buterin, cofounder of Ethereum, warned prediction markets may become 'corposlop' and prioritize addictive gambling over engagement.
He criticized reliance on sports betting and short-term crypto wagers, saying this encourages poor decision-making.
After previously defending prediction markets as healthier than traditional finance, he now seeks ambitious applications, such as personalized insurance systems.
He urges users to hold diverse assets for wealth growth while using prediction markets for stability.

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Story summary

Vitalik Buterin, cofounder of Ethereum, warned prediction markets may become 'corposlop' and prioritize addictive gambling over engagement.
He criticized reliance on sports betting and short-term crypto wagers, saying this encourages poor decision-making.
After previously defending prediction markets as healthier than traditional finance, he now seeks ambitious applications, such as personalized insurance systems.
He urges users to hold diverse assets for wealth growth while using prediction markets for stability.