12-06-2025, 10:35 PM
More attentive and savvy folks than I have published an article about a service...
Internet (of course) gambling --- it's called "Kalshi" except it's not gambling right? It's a "financial exchange and prediction market." I guess that makes a difference come tax time....
From:
Kalshi CEO Says He Wants to Monetize ‘Any Difference in Opinion’
Subtitled: Now if that isn't late-stage capitalism, I don't know what is.
I encourage the read... (as if that should matter
)
Internet (of course) gambling --- it's called "Kalshi" except it's not gambling right? It's a "financial exchange and prediction market." I guess that makes a difference come tax time....
Quote:Earlier today, the “prediction market” platform that allows people to “trade contracts” on future events in a way that is somehow legally distinct from gambling announced a partnership with CNN to place odds on everything from elections to the weather. It’s just one part of the company’s apparent plan to, in the words of co-founder and CEO Tarek Mansour, “financialize everything and create a tradable asset out of any difference in opinion.”
From:
Kalshi CEO Says He Wants to Monetize ‘Any Difference in Opinion’
Subtitled: Now if that isn't late-stage capitalism, I don't know what is.
I encourage the read... (as if that should matter
)
