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Kalshi Defends Plan to Bet on Lives of Cancer Patients
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return2ozma lemmy.world return2ozma@lemmy.world
Joined: 2023-07-01
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89   Original
InternetCitizen2 lemmy.world InternetCitizen2@lemmy.world
Joined: 2023-06-16
#2 · Quote Reply

You know what... Good. That undermines anything they have said about being a "prediction market place" and what ever hogwash was supposed to be the value. Now it should be easier to take down.

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ishartdoritos lemmy.zip ishartdoritos@lemmy.zip
Joined: 2026-01-18
#3 · Quote Reply

Don’t react. It’s bait to put their name in the news. Drop it, move on. Fuck em.

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ArbitraryValue sh.itjust.works ArbitraryValue@sh.itjust.works
Joined: 2023-07-06
#4 · Quote Reply

That seems like a genuinely useful application. You can see which trials are most likely to succeed (as a patient, or as an investor) and hedge risk. I get the impression that people will find some negative way to phrase pretty much any prediction market question.

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gnate lemmy.world gnate@lemmy.world
Joined: 2023-06-07
#5 · Quote Reply

That seems like a genuinely useful application. You can see which trials are most likely to succeed (as a patient, or as an investor) and hedge risk. I get the impression that people will find some negative way to phrase pretty much any prediction market question.

"Prediction markets" are at the less useful end of legalized gambling. At least the lottery helps support public programs. Locking up the profits in the private sector isn't beneficial to society.

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