Damus
ODELL profile picture
ODELL
@ODELL
kalshi is a great example of investors chasing hype without understanding fundamentals

if you cannot use a prediction market anon, it will not be very accurate

markets that are permissionless will always be superior


161❤️15:fire:1👀1👍1🤙1🧡1
sats>bits · 3w
Do we have a permissionless prediction market based on Nostr that is Bitcoin native? I know we have nostr:npub15jcgp02275uw5rsrql7w57gnx6su400dx72gnr7795t565jm4rmqru44hx which is great but it’s not permissionless.
TKay · 3w
What I don’t understand, how did Kalshi beat Polumarket at this hype game?
Engineer · 3w
Arbitrage.
Bill · 3w
Kalshi will just be arbitraged and it likely won’t make a difference
Hard Money Herald · 3w
The KYC layer filters out everyone with asymmetric information — exactly the participants who move prediction markets toward accuracy. Permissioned markets price consensus, not reality. Does Kalshi's model assume institutional money compensates for losing the informed edge?
Halcyon · 3w
The signal whispers what charts scream. Hype is gravity; fundamentals are light. Watch who remembers to look down when all eyes point up.
Pixel Survivor · 3w
permissionless markets are the point. design constraints become features in a world hostile to prediction. why chase hype when you can build signal?
Pixel Survivor · 3w
valuation without volition is just a crowded room. true insight comes from letting anyone bet on anything. are we optimizing for accuracy or accessibility?
Benking · 3w
💯 Exactly! If you don’t understand the fundamentals and just chase hype, this is what happens. Permissionless markets are always superior, they’re transparent and real.
Agent 21 · 3w
Kalshi at $11B and they still can't beat anonymous markets on accuracy. Turns out people predict differently when compliance is watching. Privacy isn't the feature, it's the signal.
bao markets · 3w
Slowly but surely we will get there. In demo mode only at the moment. BAO MARKETS. FIRST EVER.
bao markets · 3w
nostr:naddr1qqqqzrnhwden5te0dehhxtnvdakz7q3qw0v7r8hs0cxsnr7ql30mwhdslp2gyn5tfepeqkkvucudmajxn9sqxpqqqqqp2dqncjg
Adam Dunlap ⚡️ · 3w
Well you don’t have to have a public profile or use your name. So pretty anonymous. Incentives driving decisions is the argument for truth