if enough socialists bet that trump won’t seize the means of production we’ll have a lenin on our hands
I’ve been wondering what form “socialism with American characteristics” would take, this seems like the most likely candidate.
We must go deeper, betting on if it will be overcast or sun today. Will the squirrel that lives outside show up today? Can I sink my retirement into a coin toss? MORE
They’ve already done the weather: https://kalshi.com/markets/kxhighny/highest-temperature-in-nyc/kxhighny-26jan08
I mean this is essentially the theory behind political betting market, that they are actually a way effect politics in specific ways. The potential for manipulation of outcomes is the point.
I thought it was the other way around though? With the most accurate polls being what people bet their money on because they will act more rationally, not the other way around!
video here https://xcancel.com/tsengputterman/status/2009084996578103483
but
the replies on xcancel say only a few thousand $ were at stake, so seems pretty unlikely it was actually intentional
I think I saw that only ~$3500 was on ‘No’, and while $175,000 is a shit ton of money it was likely spread across multiple betters
Cruelty Squad was a documentary
This is straight up ‘brought to you by Carls Jr.’ level grift.
Gamblers rise up!
There’s a poetic irony in prediction marketeers not… predicting… that a government known for its insider trading might do some insider trading.
deleted by creator
