#Kalshi’sDisputewithNevada — an entire series at the level of "Game of Thrones," only instead of dragons — lawyers and regulators of Nevada.
Kalshi — a cool platform where normal people bet money on who will win the elections, whether there will be a hurricane, or how many episodes of "The Sopranos" your neighbor will rewatch. Like a smart financial market.
And Nevada (Gaming Control Board) looks at this and shouts: "NO, GUYS, THIS IS A CASINO! YOU HAVE ROULETTE AND BLACKJACK, ONLY IN THE FORM OF ELECTIONS!"
Kalshi in response: "Gentlemen, we are under the CFTC, we are like Wall Street, only more honest."
Nevada: "And we say — give us a gambling license, or block all our residents, geofencing you in the liver!"
The court has already extended the ban for the third season, just like Netflix extends a bad series. Kalshi is running around the institutions, Nevada is shaking its finger, while everyone on Twitter is sitting with popcorn and quietly accumulating $ORDI .😂
In short, the classic of America: two states, one market, zero logic, and a million lawyers who are thriving on this.
Kalshi — a cool platform where normal people bet money on who will win the elections, whether there will be a hurricane, or how many episodes of "The Sopranos" your neighbor will rewatch. Like a smart financial market.
And Nevada (Gaming Control Board) looks at this and shouts: "NO, GUYS, THIS IS A CASINO! YOU HAVE ROULETTE AND BLACKJACK, ONLY IN THE FORM OF ELECTIONS!"
Kalshi in response: "Gentlemen, we are under the CFTC, we are like Wall Street, only more honest."
Nevada: "And we say — give us a gambling license, or block all our residents, geofencing you in the liver!"
The court has already extended the ban for the third season, just like Netflix extends a bad series. Kalshi is running around the institutions, Nevada is shaking its finger, while everyone on Twitter is sitting with popcorn and quietly accumulating $ORDI .😂
In short, the classic of America: two states, one market, zero logic, and a million lawyers who are thriving on this.