Kalshi to allow trading on borrowed funds

21 pointsposted 11 hours ago
by cdrnsf
(semafor.com)

8 Comments

grugagag

9 hours ago

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...

georgemcbay

8 hours ago

> 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.

al_borland

11 hours ago

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

runnr_az

8 hours ago

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

MiroslavPokorny

10 hours ago

This is going to end well...

chews

9 hours ago

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

hexapus

10 hours ago

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...

chews

9 hours ago

betting on turtle races all the way down.