Ethereum founder Vitalik Buterin has expressed confidence in the accuracy of prediction markets over media-influenced judgments. He highlighted that in prediction markets, incorrect predictions result in financial losses, which incentivizes accuracy. Buterin believes these markets provide more reliable probabilities than those shaped by professional or social media environments, helping him maintain a balanced perspective on significant events. Buterin also noted that if prediction markets offer interest, they could boost trading volumes and lead to numerous hedging use cases. His comments underscore the potential of prediction markets to influence decision-making and market dynamics by providing a more grounded assessment of future events.