logoalt Hacker News

int32_64yesterday at 9:49 PM2 repliesview on HN

It's deeply American how so many of these articles about Kalshi or Polymarket frame the issue as something that can be solved on the American end with the stroke of a pen, especially in a multipolar world where American sanctions increasingly fail.

These markets are global with global demand and many of the insiders are on the receiving end of American foreign policy. If an Iranian with a starlink sees a b-2 spirit fly over their house that information will find its way to somebody who will profit from that knowledge, it's just part of the new information economy.


Replies

JumpCrisscrossyesterday at 9:54 PM

> especially in a multipolar world where American sanctions increasingly fail

You're claiming the U.S. government is impotent against holding Polymarket to account?

> These markets are global

The trades in question are bets on Polymarket and Intercontinental Exchange Brent oil futures. These are well within the remit of American law enforcement.

show 2 replies
bigbugbagyesterday at 11:04 PM

you may have missed that all those have been happening for months and are tightly tied to the trump administration ?

same administration who has a son sitting on the board and a father president who has lifted all sanctions and investigations.

we even have video of representatives placing their bets or buying stock during session, right before voting on the matter.