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David Schwartz Rejects “Markets are Casinos’ Claim In Fresh Debate

The post David Schwartz Rejects “Markets are Casinos’ Claim In Fresh Debate appeared first on Coinpedia Fintech News The old argument, everyone knows that stock markets are just glorified casinos, is back again with the addition of prediction markets. However, this time it drew a response from David Schwartz, the former Ripple CTO and current […]

The post David Schwartz Rejects “Markets are Casinos’ Claim In Fresh Debate appeared first on Coinpedia Fintech News

The old argument, everyone knows that stock markets are just glorified casinos, is back again with the addition of prediction markets. However, this time it drew a response from David Schwartz, the former Ripple CTO and current CTO emeritus, who pushed back against the comparison in a discussion on X. On June 17, 2026, Schwartz …

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