> This adds weight to my theory that Bitcoin and crypto has crashed due to competition from Polymarket and Kalshi for the online gambler demographic. Polymarket *is* crypto, all of the order books work via smart contracts on Polygon
Robinhood now makes more money from prediction markets than it does from stock trades or crypto. This adds weight to my theory that Bitcoin and crypto has crashed due to competition from Polymarket and Kalshi for the online gambler demographic.