{"id":34388,"date":"2025-06-30T13:31:49","date_gmt":"2025-06-30T13:31:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34388"},"modified":"2025-06-30T13:31:49","modified_gmt":"2025-06-30T13:31:49","slug":"polymarket-has-zohran-mamdani-locked-in-to-win-ny-election","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34388","title":{"rendered":"Polymarket Has Zohran Mamdani Locked in To Win NY Election"},"content":{"rendered":"<div>\n<p>Zohran Mamdani crushed Andrew Cuomo in the Democratic primary last week, and now, according to Polymarket, he\u2019s the frontrunner for mayor of New York.\u00a0 At 33, the Democratic socialist is shaping what could be the city\u2019s sharpest political shift in decades, running on a platform that \u201c<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">billionaires shouldn\u2019t exist<\/a>.\u201d<\/p>\n<blockquote>\n<p>According to Mamdani, \u201cNo one should have that much money. It\u2019s beyond excessive.\u201d<\/p>\n<\/blockquote>\n<p>Since then<span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">, there has been a full-blown internet war, with armchair economists, Twitter Marxists, and\u00a0<a href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">crypto libertarians<\/a> all giving their take. The question at the center is<\/span>: <strong>Should anyone really have a billion dollars?<\/strong><\/p>\n<figure id=\"attachment_254154\" aria-describedby=\"caption-attachment-254154\" style=\"width: 1080px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-254154\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920.jpg\" alt=\"\" width=\"1080\" height=\"884\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920.jpg 1080w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-300x246.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-1024x838.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-768x629.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-50x41.jpg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-244x200.jpg 244w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1751240512232920-350x286.jpg 350w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\"><figcaption id=\"caption-attachment-254154\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/x.com\/AfroReporter\" target=\"_blank\" rel=\"noopener nofollow\">X<\/a>)<\/figcaption><\/figure>\n<h2>How Would You Ensure No Billionaires Exist, Though?<\/h2>\n<p>Look at it this way:<\/p>\n<ul>\n<li>1 million seconds is 11.5 days<\/li>\n<li>1 billion seconds is roughly 32 years<\/li>\n<\/ul>\n<p>The difference is absurd; it\u2019s an obscene amount of money.<\/p>\n<p>That\u2019s at least the logic of the Mamdani supporters online, and they do have a point: New York\u2019s <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">wealth inequality<\/a> is the worst in the nation.<\/p>\n<figure id=\"attachment_254155\" aria-describedby=\"caption-attachment-254155\" style=\"width: 586px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-254155\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5.jpg\" alt=\"\" width=\"586\" height=\"330\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5.jpg 586w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5-300x169.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5-50x28.jpg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5-308x173.jpg 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/leonhardt-income-inequality-1502149912130-videoSixteenByNineJumbo1600-v5-350x197.jpg 350w\" sizes=\"auto, (max-width: 586px) 100vw, 586px\"><figcaption id=\"caption-attachment-254155\" class=\"wp-caption-text\"><a href=\"https:\/\/www.google.com\/url?sa=i&amp;url=https%3A%2F%2Fwww.nytimes.com%2Finteractive%2F2017%2F08%2F07%2Fopinion%2Fleonhardt-income-inequality.html&amp;psig=AOvVaw1jTBkkXZSzidV2_bFgq9vk&amp;ust=1751346424063000&amp;source=images&amp;cd=vfe&amp;opi=89978449&amp;ved=0CBcQjhxqFwoTCMD1uJOxmI4DFQAAAAAdAAAAABAc\" target=\"_blank\" rel=\"nofollow\">(NYT<\/a>)<\/figcaption><\/figure>\n<p>According to Mamdani and NY Senator Alexander Ocasio-Cortez, billionaires should be taxed accordingly. They should take enough wealth and use it for the people.<\/p>\n<p>To paraphrase their movement, taxing billionaires to the point that they remain millionaires is the equivalent of shaving off excess frosting on a cake.<\/p>\n<p>However, the counterargument coming from AI Czar David Sachs and others is that billionaires will leave NYC en masse. They\u2019ll go to Texas, Florida, Liechtenstein, UAE, Monaco, Buenos Aires, Singapore, or any number of other places outside of a socialist\u2019s reach.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Wake up, Silicon Valley. This is the future of the Democrat Party. Communism has defeated liberalism. Even Bill Clinton has bent the knee. You basically have two choices now: Get on board with MAGA or prepare to be on Mamdani\u2019s dinner menu. <a href=\"https:\/\/t.co\/L5OKzRA3Gl\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/L5OKzRA3Gl<\/a><\/p>\n<p>\u2014 David Sacks (@DavidSacks) <a href=\"https:\/\/twitter.com\/DavidSacks\/status\/1939411847947411954?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Some of the more extreme sides of the socialist movement have argued that it is treason to leave the country with wealth earned off the backs of their countrymen.<\/p>\n<h2>Polymarket: Mamdani Tops Democratic Primary<\/h2>\n<p>Despite his loss, Andrew Cuomo has signaled his intention to run independently under the \u201cFight and Deliver Party.\u201d Similarly, incumbent<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> Mayor Eric Adams<\/a> remains in the race as an independent, following a controversial tenure marked by corruption allegations that the Department of Justice later abandoned.<\/p>\n<blockquote>\n<p>The Polymarket odds stand at Mamdani at 69%, Adams at 19% and Cuomo at 10%.<\/p>\n<\/blockquote>\n<p>Mamdani declared, \u201cTonight, we made history. I will be your Democratic nominee for the mayor of New York City.\u201d<\/p>\n<h2>Polymarket\u2019s Mixed Track Record<\/h2>\n<p>Regardless of how Mamdani\u2019s vision pans out, Polymarket gave Cuomo 80% odds for two months. That flipped within 30 minutes of vote returns, and Mamdani shot to 94.6%.<\/p>\n<p>Nate Silver credited the platform for beating cable news to the punch. While its early bets missed, it nailed the turn when it mattered.<\/p>\n<p>However, it should be noted that Polymarket was wrong and could screw up other critical elections in the future.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        According to Mamdani, \u201cNo one should have make billions. It\u2019s beyond excessive.\u201d    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Nate Silver credited Polymarket for beating cable news to the punch, but technically, it was wrong. .    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/polymarket-has-zohran-mamdani-locked-in-to-win-ny-election\/\">Polymarket Has Zohran Mamdani Locked in To Win NY Election<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zohran Mamdani crushed Andrew Cuomo in the Democratic primary last week, and now, according to Polymarket, he\u2019s the frontrunner for mayor of New York.\u00a0 At 33, the Democratic socialist is shaping what could be the city\u2019s sharpest political shift in decades, running on a platform that \u201cbillionaires shouldn\u2019t exist.\u201d According to Mamdani, \u201cNo one should [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34388","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34388"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34388\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}