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Polymarket already only accepts cryptocurrencies. :)

Kalshi is worse in a sense that it also accepts fiat payments.

Maybe in your country, I just checked from Spain and they do accept paypal and credit cards.

In the US specifically, because they weren't allowed to operate in the US until November last year. But... they didn't really try to prevent US users from accessing it, just gently pointed them towards using a VPN and paying with cryptocurrencies.

"Coincidentally", they also gave a bullshit advisory position to Trump Jr. and accepted an investment from his firm (1789 Capital), which I'm sure had nothing to do with them getting that licence. But to be "fair and balanced" to Polymarket, Trump Jr. is also Kalshi's "strategic advisor", so there's that!

I’d be surprised if there wasn’t already a huge crypto-only dark market where lots of rich criminals bet huge sums.

If you’re in that telegram channel, though, I imagine the threats on your life are a lot more credible than the ones discussed in TFA.

not easy because you d need a trusted central to settle the outcomes. So far, crypto has only solved the betting part