Polymarket CEO Shayne Coplan says his company is a “global truth machine.” Coplan has argued that Polymarket is “the most accurate thing we have as mankind right now“ and creates “an information landscape with less sensationalism and more truth.” In June 2025, Coplan announced a partnership with X because the “
Kalshi and Polymarket are actively racing to the bottom. There aren't any real standards for ensuring legitimacy, only claims, pretenses of accuracy and transparency. By this token, it's absolutely wild that news outlets like CNN would partner with them. Our apparent lesson learned from the financial crisis of the 2000s was to create even riskier markets. Mind-numbing stuff.
Polymarket’s approach to “news” is not much different than that of ABC, CBS, CNN, NBC and, of course FOX “Not-Really-News” daily dose of half-truths, misinformation and outright lies. It’s just a little more obvious to people who pay attention. Unfortunately, too few people are paying attention.
Ha ha ha…no. The news divisions at all of those orgs, including Fox, are staffed by professionals who practice actual journalism. They may be slanted in what they choose to report, but it’s reported factually.
Don’t confuse the opinion and talking head output of CNN, Fox and whatever MSNBC calls itself these days with news reporting. And conflating professional journalists with an outfit that’s a step up from DraftKings is simply OTT.
When Dems take Congress this Fall; and the WH in '28, they need to regulate Polymarket and Kalshi as the unregulated gambling operations that they are, subject to state and federal laws and TAXES.
Unfortunately, their penchant for pro-GOP LYING and conspiracy-mongering is protected by the First Amendment.
Men lying to me!?!? Couldn't happen. They looked me right in the eye and told me that they were truth tellers. And that their new partner Leon M was a First Amendment scholar. They said that they were always on the side of right and that their business would lift the needy and the hungry out of poverty and heal the sick and tend the dying. No mention of this outright misinformation, or, I guess you would call it disinformation, or, really, lying. Oh no! Who should I believe? I mean do I need to go back to university and get another degree to figure out who is lying to me? I mean, how can I tell? He had such nice eyes.
thank you as always for bringing some daylight to this nonsense.
Lies, lies, and more lies. 75 million Americans buy this horses**t while voting for more. And a not insignificant percentage of investors literally buy this horses**t.
The midterms are coming… absolutely gotta vote this crap out!!
As an investor I love this, all I need do is take the opposite side of this buffoonery and I can retire early. As I said in my last missive, you can’t prevent stupid. I was wrong, you can make bank on stupid and nobody has ever lost money betting against the idiocy of the parking lot at Sam’s Club. Polymarket will soon be like tinnitus, a constant buzzing sound.
Kalshi and Polymarket are actively racing to the bottom. There aren't any real standards for ensuring legitimacy, only claims, pretenses of accuracy and transparency. By this token, it's absolutely wild that news outlets like CNN would partner with them. Our apparent lesson learned from the financial crisis of the 2000s was to create even riskier markets. Mind-numbing stuff.
Polymarket’s approach to “news” is not much different than that of ABC, CBS, CNN, NBC and, of course FOX “Not-Really-News” daily dose of half-truths, misinformation and outright lies. It’s just a little more obvious to people who pay attention. Unfortunately, too few people are paying attention.
Ha ha ha…no. The news divisions at all of those orgs, including Fox, are staffed by professionals who practice actual journalism. They may be slanted in what they choose to report, but it’s reported factually.
Don’t confuse the opinion and talking head output of CNN, Fox and whatever MSNBC calls itself these days with news reporting. And conflating professional journalists with an outfit that’s a step up from DraftKings is simply OTT.
When Dems take Congress this Fall; and the WH in '28, they need to regulate Polymarket and Kalshi as the unregulated gambling operations that they are, subject to state and federal laws and TAXES.
Unfortunately, their penchant for pro-GOP LYING and conspiracy-mongering is protected by the First Amendment.
Some cruelty is almost TOO EASY to boycott.
(Certainly easier than Amazon, Facebook or AT&T.)
Men lying to me!?!? Couldn't happen. They looked me right in the eye and told me that they were truth tellers. And that their new partner Leon M was a First Amendment scholar. They said that they were always on the side of right and that their business would lift the needy and the hungry out of poverty and heal the sick and tend the dying. No mention of this outright misinformation, or, I guess you would call it disinformation, or, really, lying. Oh no! Who should I believe? I mean do I need to go back to university and get another degree to figure out who is lying to me? I mean, how can I tell? He had such nice eyes.
Thank you PI!
thank you as always for bringing some daylight to this nonsense.
Lies, lies, and more lies. 75 million Americans buy this horses**t while voting for more. And a not insignificant percentage of investors literally buy this horses**t.
The midterms are coming… absolutely gotta vote this crap out!!
If you get your news from a betting site and are surprised by the inaccuracy…
Once again, the truth is optional when it comes to exploiting whatever is available to increase their income. The mighty dollar is the real king here.
As an investor I love this, all I need do is take the opposite side of this buffoonery and I can retire early. As I said in my last missive, you can’t prevent stupid. I was wrong, you can make bank on stupid and nobody has ever lost money betting against the idiocy of the parking lot at Sam’s Club. Polymarket will soon be like tinnitus, a constant buzzing sound.