Comment Text:
Dear CFTC Commissioners,
I am writing to express my support for your request for comments on KalshiEX LLC's Congressional Control Contracts. I believe these prediction markets offer valuable insights into live probabilities, reacting quickly to current events.
Prediction markets are more than just tools for forecasting; they play a crucial role in correcting over-hyped news and media narratives. By gathering diverse views, they provide an "outside view" of events, helping people better understand our complex political climate.
In today's information-saturated world, these markets offer rationality and evidence-based prediction, countering sensationalism and promoting a healthier understanding of politics. This benefits both market participants and the general public, fostering a more informed and engaged citizenry.
I understand the importance of regulation to prevent misuse. As the CFTC evaluates KalshiEX LLC's Congressional Control Contracts, I encourage the Commission to recognize their potential for the public good and find a balance between innovation and protection.
Thank you for your attention to this matter.
Sincerely,
[Your Name]
