realcaseyrollins@narwhal.cityM to Finance@thelemmy.club · 1 month agoNew Jersey has no right to ban Kalshi's prediction market, US appeals court ruleswww.engadget.comexternal-linkmessage-square12linkfedilinkarrow-up15arrow-down10file-text
arrow-up15arrow-down1external-linkNew Jersey has no right to ban Kalshi's prediction market, US appeals court ruleswww.engadget.comrealcaseyrollins@narwhal.cityM to Finance@thelemmy.club · 1 month agomessage-square12linkfedilinkfile-text
It’s the first federal ruling on prediction markets like Kalshi and Polymarket, but it won’t be the last. https://www.engadget.com/big-tech/new-jersey-has-no-right-to-ban-kalshis-prediction-market-us-appeals-court-rules-214448284.html
minus-squaresupersquirrellinkfedilinkarrow-up3·1 month agoPrediction markets are a different level entirely though, they are hostile to democracy at a basic level. You cannot support unbounded prediction markets while supporting democracy, pick one.
Prediction markets are a different level entirely though, they are hostile to democracy at a basic level.
You cannot support unbounded prediction markets while supporting democracy, pick one.