Surprising claim up front: a regulated prediction market can be both more useful and more constraining than many crypto-native users expect. Kalshi’s CFTC-authorized design changes the trade-offs that matter to a US trader: you lose some libertarian flexibility compared with fully decentralized venues, but you gain legal access, institutional plumbing, and market standards that turn… Continue reading Kalshi Exchange and the Myth of “Free-Form” Prediction Trading: What US Traders Really Get
