“It’s honestly been eye opening (in a bad way) to see how special interests work in our system” says the Head of Politics at Kalshi, which pays Donald Trump Jr. to sit on its advisory board and has spent over a million in lobbying over the past ~year. The government has just filed a lawsuit to intervene to protect Kalshi from several state regulators.

#Kalshi

@molly0xfff
How are so called "prediction markets" better for consumers? They seem like a mechanism for insiders to fleece the naive, or gambling, consumers.