No, you don't get it, it's information discovery, it's a financial derivative, it's arbitraging opportunity.
You should allow people to bet sums on whether you're gonna get shot tomorrow, so you can have the best possible information!
Of course there's no incentives for acting badly against you, and if there are it's again, just price discovery.
I wonder why they don't allow betting if the Kalshi offices are going to be fire bombed? It seems like they are missing out on important wisdom of the crowd information!
America can only be saved by a merciless destruction of Silicon Valley at this point.
I would laugh harder, except we hear arguments exactly like this posted regularly to HN as someone's seriously held belief. It's hard to tell satire anymore.