[Vitalik: The Advantage of Prediction Markets Lies in Losing Money for Wrong Judgments, Accuracy May Surpass Media] Foresight News reports that Ethereum co-founder Vitalik Buterin responded to discussions about 'prediction markets,' stating, 'In token voting, if you vote for the wrong option, aside from the very small chance that you might be the one to overturn the result, you face no punishment. However, in prediction markets, if you make a wrong judgment, you lose money; if you place a big bet on a wrong judgment, you lose a lot of money. Personally, I find that the probabilities given by prediction markets are often more accurate than the impressions I get from (professional or social) media atmospheres. These markets actually help me stay rational and understand not to overestimate the importance of things (while also recognizing when truly significant events occur).'