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Well, it’s the aggregated opinion of people who use the site. Kalshi doesn’t set the price; people making the bets set the price based on the odds others are willing to accept.
There’s a sampling bias for sure, but since the odds given for this bet are based on how much people are willing to pay for that bet, this gives a very good approximation for how people actually feel about something.
It actually ends up being more reliable than most opinion polls in that way.
Besides the fact they nobody knows what is being done behind the scenes to ensure results are (or aren’t) fair, using a sample of individuals that are all attempting to play the system against each other deeply and irreparably biases the data.
On top of that, jokes like the one I responded to and comments like yours only serve to legitimize a “service” thats sole purpose is to squeeze every penny from its users. It doesn’t provide anything beneficial to anyone but its owners.