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A comment on White House staff told not to place bets on prediction markets. Parent comment

Re:White House staff told not to place bets on prediction ma... by OutOfHere on Friday April 10, 2026 @10:14AM (#47718499)
That's complete nonsense for the simple reason that it is possible to pay just fine with crypto on various sites, also to buy major gift cards. No KYC applies to these actions. We are not living in 2016.
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Re:White House staff told not to place bets on prediction ma... by specproc on Friday April 10, 2026 @10:34AM (#47718790)
I don't know how much of an issue KYC is to your average crypto-dabbler.

I found a few K's worth of BTC down the back of the sofa recently, and was astounded by how easy it was to use it like Visa after converting to stablecoin.

I don't think prediction markets are a function of stranded crypto, because for most holders, crypto has never been more fungible.

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