Polymarket and company have sophisticated gambling addiction to the point of making it indistinguishable from “investing”
Prediction markets are no longer a niche of the Internet and datanerds to become the new obsession of Wall Street and Silicon Valley. Platforms like Polymarket and Kalshi are receiving multi-billion dollar valuations by repackaging traditional bets as sophisticated financial instruments. The image that defines the moment occurred recently in Manhattan, according to Bloomberg: the … Read more