I update my take to dystopian....
“It’s quite an ethical quagmire, to say nothing of the pure degeneracy of it all. There is so much room for insider trading and manipulation that it boggles the mind."
"Yes, because if there’s anything America needs more of, it’s complex financial instruments that extract wealth from people without actually producing anything tangible in the real world. Our public infrastructure will crumble, but at least we can bet on where Taylor Swift and Travis Kelce will honeymoon."
https://dailycaller.com/2025/12/05/cnn-partnership-kalshi-prediction-markets-betting-breaking-news-events/