Kalshi Reaches $11B Valuation as App Takes over America businesswire.com 5 points by serial_dev 4 hours ago
godsinhisheaven 34 minutes ago I want to short Kalshi so bad but I know that the market can stay irrational longer than I can stay solvent
N_Lens 3 hours ago It just seems like more selective odds betting, aka gambling, dressed up in financial jargon.
expedition32 2 hours ago Dutch traders in the Netherlands did this in the 17th century only they used newspapers. Being the first to know about a storm in the Baltic or another war between France and Spain could be very lucrative indeed.
I want to short Kalshi so bad but I know that the market can stay irrational longer than I can stay solvent
Smells like the next SBF case.
It just seems like more selective odds betting, aka gambling, dressed up in financial jargon.
This feels like a net negative for society.
Because it is!
Dutch traders in the Netherlands did this in the 17th century only they used newspapers. Being the first to know about a storm in the Baltic or another war between France and Spain could be very lucrative indeed.