alt Hacker NewsIf the goal is to profit off of bombing other countries, why do you need Kalshi?
If you have advance knowledge of an attack, there are much less conspicuous ways to profit off that.
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> there are much less conspicuous ways to profit
What about this administration makes you think that's important to them?
Nothing this administration does is subtle, inconspicuous or thought out.
as well as all the other points everyone else made, less conspicuous ways to profit may also have upper bounds, even if a prediction market has upper bounds two sources of profit will probably allow you to profit more than one.
it is true that a smart operator may like to profit only in the less conspicuous way, but what would cause you to think that applied to Trump and his family?
Who cares about being conspicuous anymore? The president openly takes crypto bribes...
It's just another avenue for grift. In corrupt governments, the people up top ration out minor grifts to subordinates to keep them loyal.
These people are seasoned grifters. They don't look for one big winning ticket, but rather multiple streams. A million here, a million there, pretty soon you're talking real money. For your rank-and-file workers that's serious.
"can't be brazen corruption because it's too obviously brazen corruption"
Like what?
What's the less conspicuous way? Oil futures are more conspicuous. Though I'll bet he's doing that for someone less directly connected.