Kalshi to allow trading on borrowed funds

(semafor.com)

21 points | by cdrnsf 13 hours ago ago

8 comments

  • grugagag 11 hours ago 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 10 hours ago 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 12 hours ago ago

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

  • runnr_az 10 hours ago 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 12 hours ago ago

    This is going to end well...

    • chews 11 hours ago ago

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

  • hexapus 12 hours ago 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 11 hours ago ago

      betting on turtle races all the way down.