Ye Olde Wellerman
@smolbeanreader.bsky.social
Reposted by Ye Olde Wellerman
damn you're telling me that sin taxes work to reduce consumption of socially harmful goods while keeping them legal and thus avoiding the problems of criminalization?
February 12, 2026 at 1:34 PM
damn you're telling me that sin taxes work to reduce consumption of socially harmful goods while keeping them legal and thus avoiding the problems of criminalization?
Reposted by Ye Olde Wellerman
I mean, it’s not technically insider trading, since knowing what Bad Bunny’s first song is doesn’t involve trading. But convincing people to bet on something where people actually know the answer is bad, actually, an order of magnitude worse than just encouraging problematic gambling.
Kalshi had a breakout moment at the Super Bowl, with $1 billion wagered, including $100 million bet on Bad Bunny’s first song.
$1 Billion Bet Through Kalshi During Super Bowl—$100M Just On Bad Bunny’s First Song
Kalshi had a breakout moment at the Super Bowl, with $1 billion wagered, including $100 million bet on Bad Bunny’s first song.
www.forbes.com
February 12, 2026 at 3:14 AM
I mean, it’s not technically insider trading, since knowing what Bad Bunny’s first song is doesn’t involve trading. But convincing people to bet on something where people actually know the answer is bad, actually, an order of magnitude worse than just encouraging problematic gambling.