ME News reports that on November 5 (UTC+8), Tarek Mansour, co-founder and CEO of Kalshi, tweeted that in yesterday’s U.S. election, the favored candidates in prediction markets won 479 out of the first 487 races, achieving a 98% success rate. “Washington elites have repeatedly underestimated the markets, dismissing ‘these people’ as不懂政治, yet ordinary citizens have accurately expressed their judgments through prediction markets. Prediction markets aggregate localized knowledge from across the country, allowing voices to be heard without requiring titles or large followings, thereby transforming the structure of information power.” (Source: Foresight News)