Hi HODLers,
This is it! Prediction markets made it to mainstream. When you make it into a South Park Episode, you are considered mainstream.
I still remember when World of Warcraft made it on there. Absolute MMORPG Peak!
The animated series South Park already kicked off its 27th season by ripping into cryptocurrencies and politics, and its most recent episode set its sights on prediction market apps.
If you read some of my latest blogs, you'll know that I LOVE prediction markets. To me they represent a mix between investing and gambling.
In some sub-markets, I can honestly say that by doing research I had an edge versus the average predictor. And if you can find a multitude of these markets, this can be quite juicy!
Among the bets they made on a Kalshi- or Polymarket-type app included guessing school lunches, the outcome of conflicts between Israel and Palestine and whether a fictional baby was a boy or a girl.
I love that they made fun of the regulators. Mostly making fun of The Commodity Futures Trading Commission (CFTC) and Federal Communications Commission (FCC)
They even included Trump Jr. who really joined Polymarket Advisory board in August. more here His family has also invested in Kalshi (the main regulated Prediction market platform).
Who else loves Prediction markets? And which submarkets are your favorite?
Stay safe out there,