Kalshi to allow trading on borrowed funds

Kalshi to allow trading on borrowed funds semafor.com

Only some of the bets will allow margin trading, showing where the prediction-markets platform thinks its future lies.

24 points•cdrnsf•8 days ago•9 comments•

#trading #allow #kalshi #borrowed #funds #borrowed funds #allow trading #bets

9 comments

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...

georgemcbay8 days 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.

MiroslavPokorny6 days ago

Its amazing how many success dont actually create value but are simply holding their hand out because they connected people via advertising.

al_borland8 days ago

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

runnr_az8 days 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

hexapus8 days 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...

chews8 days ago

betting on turtle races all the way down.

MiroslavPokorny8 days ago

This is going to end well...

chews8 days ago

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

Read the full thread on Hacker News →

9 comments

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