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We're willing to bet that there's a 92% chance that Prediction Markets are a pyramid scheme!
Prediction markets like Kalshi and Polymarket are EVERYWHERE. Are the the future of democracy powered by collective wisdom? OR just another product of the 30 under 30 grift factory?
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You should hire Jennifer Tisdale!
Timestamps:
00:00 - An orgy at a SF Area tech convention?? WHO COULD HAVE GUESSED!!!
11:30 - BREAKING NEWS: A group of isolated white 20 something men with a high risk appetite have it all figured out!
21:00 - It's not called insider trading, it's called "having an edge"
35:00 - Do you like my new app? I designed it on the toilet
53:00 - Good News: Meta on trial
Links:
Resources for problem gambling
The Wager That Betting Can Change the World
The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business
They quit their day jobs to bet on current events. A look inside the prediction market mania
Polymarket shouldn't allow people to profit by betting on the L.A. firestorm
America's financial markets are ready for a golden age
Email our good news correspondant with tips: elizabethliu526@gmail.com
Good News: Social media companies face legal reckoning over mental health harms to children
