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Dan Romero
@dwr.eth
Seems significant? Assuming they launch a market, US investors would have a legal way to bet on federal elections for the first time. Retail and institutions. Potential tailwind for Polymarket, too. https://www.coindesk.com/policy/2024/09/06/kalshi-cleared-to-offer-congressional-prediction-markets-in-victory-against-cftc/
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@m-j-r
seems like a pretty decent check on future legislation, so long as volume reaches critical mass. https://warpcast.com/m-j-r.eth/0x8c498567
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@m-j-r
alternatively, this could be a misaligned incentive since markets are so low vol that they're being attacked for derivatives. https://x.com/Dumpster_DAO/status/1832148090452898235?t=CdGfmkcz6e9KRtcrZcmBFg&s=19 sort of a mini citizens united.
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