Post
By Cory Doctorow (GPG 0xBF3D9110957E5F4C)
doctorow.pluralistic.net
did:web:pluralistic.net
But the stock market is like Kalshi or Polymarket in that one bettor's losses are another bettor's gains, and in those markets, nearly all the money is harvested by less than 1% of bettors:
https://www.coindesk.com/markets/2026/04/29/a-tiny-group-is-winning-on-polymarket-as-under-1-of-wallets-take-half-the-profits
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2026-05-07T08:43:09.984Z