health
My son has cancer. Kalshi wants you to be able to bet on his medical future
The predictions market is planning to allow betting on clinical trial results and regulatory decisions as our family fights for his survival
TL;DR
- The author's son is undergoing treatment for an aggressive cancer relapse.
- Kalshi plans to launch a pilot program for users to bet on FDA decisions and clinical trial outcomes.
- The author views this as a "death market" where speculators could profit from treatment failures.
- Kalshi claims the market is about "surfacing information" and reflecting public probability.
- The author disagrees with the idea of using prediction markets for medical decisions, emphasizing the role of qualified oncologists.
- There are expert fears that betting on trials could harm life-saving research.
- Kalshi currently does not allow bets on treatments for children, but the author fears this could change.
- The Trump administration's efforts to de-regulate the sector are noted.