Kalshi to allow trading on borrowed funds

semafor.com

24 points·cdrnsf··9 comments

I personally would love to see online gambling regulated into near nonexistence. I've had friends whose lives were completely ruined to online gambling, 2 of them are no longer with us...

> I personally would love to see online gambling regulated into near nonexistence.

It was, at least in the US, and not even all that long ago.

But now we live in the late-stage capitalism grift economy and just about anything goes if you're "making that bag", doesn't matter who you exploit... as long as they are poorer than you. If they are richer than you you'll get SBF'd.

Its amazing how many success dont actually create value but are simply holding their hand out because they connected people via advertising.

There is a special place in hell for these companies that bleed people dry via addictions.

I don't really get how people are getting busted for insider trading on these platforms. Sure, it's a TOS violation, but it's not like these are SEC regulated markets... I guess I'd just assume that all the smart money was always insiders

Jesus...these ghouls truly have no bottom to the depths of their depravity. The US elected a guy who bankrupted two casinos to transform the entire economy into a casino...

betting on turtle races all the way down.

This is going to end well...

<morgan_freeman_voice>... it in fact did not end well.</morgan_freeman_voice>

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