I feel like this is the clearest sign of the wheels coming off the capitalist project. Thanks to the extreme wealth inequality, the elite are dissatisfied with mere billions while finding it harder than ever to squeeze blood from the stone that is the middle class. They no longer want to sell products or services that require materials, labor and skill — they want to sell something that costs them nothing like vibes or ✨predictions.✨
I feel like I need an “explain it to me like I’m 5” version…
If you can only win $1 for a winning contract, how does the cost of the contracts go any higher? Why would I buy a “yes” contract for $10? Or sell a “no” contract for 25 cents.
Kalshi is ALL OVER in game adds right now and kthnx, Ih8it as the kids say. Even my own kids are complaining about it. (My answer (play less phone games) is not a good one apparently.)
I feel like this is just a nightmare in waiting... if it isn't already a living nightmare. I fail to see ANY good that can come of this.
I had no idea how pervasive this had become. 😳
I feel like this is the clearest sign of the wheels coming off the capitalist project. Thanks to the extreme wealth inequality, the elite are dissatisfied with mere billions while finding it harder than ever to squeeze blood from the stone that is the middle class. They no longer want to sell products or services that require materials, labor and skill — they want to sell something that costs them nothing like vibes or ✨predictions.✨
I feel like I need an “explain it to me like I’m 5” version…
If you can only win $1 for a winning contract, how does the cost of the contracts go any higher? Why would I buy a “yes” contract for $10? Or sell a “no” contract for 25 cents.
I feel ancient right now…
I need a flow chart, too
Like I get it but I don’t GET it
I appreciate this essay. It's easy for me to ignore this issue because I don't really understand it. Thank you!
Kalshi is ALL OVER in game adds right now and kthnx, Ih8it as the kids say. Even my own kids are complaining about it. (My answer (play less phone games) is not a good one apparently.)
I feel like this is just a nightmare in waiting... if it isn't already a living nightmare. I fail to see ANY good that can come of this.
ALL OVER!!!!!
This is the bad place. 😭