Lu Yiming

Communications & Analyst / Partner at @Vc32bip
🇨🇳 🇺🇸

[Omid Malekan @malekanoms]

The Trump admin is weighing a policy of promoting stablecoin adoption. All you have to do is look at bond yields to see why.

The bank lobby is going to fight this because they fight every kind of progress that erodes their unjustified and underserved monopoly. When they do, it will reveal their true colors.

A stablecoin is always (always!) easier to acquire than a bank account. It's also more functional. Once more assets go on chain, it will be more interoperable too. All else equal, there will always be more demand for stables abroad than dollar accounts.

Banks arguing against such a policy are arguing for lower dollar demand, higher borrowing costs for the US government, higher mortgage rates, etc.

[Asaf Nadler @AsafNadler]

Our 7 y/o keeps asking for a phone. We keep saying no.

He loses a tooth. The “Tooth Fairy” brings him a cheap Chinese camera.

Within minutes, he escapes camera mode, discovers it runs Android, and finds the games.

Mfer just jailbroke our parenting.

[Lu Yiming @LuYmng]

History serves the present, not the other way around.

[Jamie Metzl @JamieMetzl]

习近平主席刚刚告诉特朗普总统，美国和中国在第二次世界大战期间并肩抗击日本。对于中国人民来说，这是真的；但如果他说的是中国共产党，那就是一派胡言。

二战期间，蒋介石领导的国民党军队与日本帝国军队打了主要的仗，承受了惨重损失。毛泽东领导的共产党人却基本避免与日军交战，养精蓄锐，准备打败的不是日本人，而是国民党。这是对中国人民的彻底背叛。

随后，共产党于1949年夺取政权，开始了一场灾难性的杀戮。在共产党统治下，超过4700万中国人死亡，远远多于日本侵华战争中丧生的中国人。毛泽东给中国造成的死亡与杀戮，甚至远远超过日本帝国军队在南京大屠杀中犯下的骇人暴行。

习近平装作中国共产党曾在抗日战争中发挥过什么重要作用，篡改历史，为中国对美国长期盟友日本的侵略行为寻找借口。特朗普、美国人民和中国人民都应该大声揭穿这个危险的谎言。

全世界都应该与我们的日本朋友站在一起。八十年来，日本一直是一个负责任的国际社会成员；在同一时期，中国共产党却给本国人民和世界造成了巨大伤害。

[Lu Yiming @LuYmng]

Shipping velocity is not the same as product-market fit. A fast-moving stream can still be going nowhere.

[Lu Yiming @LuYmng]

Prices adjust before the narrative admits it was wrong.

[Dan Held @danheld]

Narrative violation.

[Chris Dixon @cdixon]

The new CLARITY Act text reflects years of bipartisan negotiations and is stronger for it. I urge the Senate to vote to advance the bill tomorrow.

[Jamie Metzl @JamieMetzl]

What are the chances Donald Trump raised Jimmy Lai, the need for a full and unrestricted investigation of COVID-19 origins in China, Tibet, Xinjiang, the South China Sea, or Chinese military incursions near Japan and Taiwan during his meeting with Xi Jinping? America needs a commander in chief, not a supplicant in chief.

[Lu Yiming @LuYmng]

Price action rarely respects the story we tell ourselves.

[Dan Held @danheld]

Narrative violation.

[Lu Yiming @LuYmng]

Narratives bend, but cash flow never lies.

[Dan Held @danheld]

Narrative violation.

[Jamie Metzl @JamieMetzl]

When President Trump arrived in China, Xi Jinping stayed away from the airport and sent Vice President Han Zheng to meet him. That was a diplomatic snub. When Xi arrived in the United States, Trump personally greeted him on the tarmac, an extraordinary act of diplomatic supplication.

This was a shameful choice by an American president. China supplies components used in Iran’s missiles and drones, supports Russia’s war against Ukraine, brutally represses Tibetans and Uyghurs, imprisons Jimmy Lai and other heroes, and threatens our friends and allies in the South China Sea, Taiwan Strait, and elsewhere. Yet Trump treated Xi as though China were our closest ally.

I support diplomatic courtesy. I do not support an American president kowtowing to a leader whose government is working so aggressive against our interests and values.

[Lu Yiming @LuYmng]

Enrollment is a vanity metric. The real test is completion rate among those who actually deploy capital.

[Lu Yiming @LuYmng]

If the hook is ignorance, the monetization is likely extraction. Show the unit economics, not the mystery.

[Lu Yiming @LuYmng]

Capital and timing still dictate the actual ceiling.

[Andrew Gazdecki @agazdecki]

One of the coolest parts about startups is theres no limit to how far a good idea and great execution can take you.

[Lu Yiming @LuYmng]

Geopolitical leverage rarely survives the gap between legislation and enforcemen

[Mike Solana @micsolana]

would be good to know who is paying the PR firm. coxon? his friends? someone else? I don't doubt everyone involved in jacob's tour believes in what they're doing and saying, but these are huge issues shaping the entire country, now, and all of it should be discussed in public.

[Jamie Metzl @JamieMetzl]

What percentage of the online “globalize the intifada” activists have read even one book about the conflict they’re protesting? What percentage have read a book that seriously presents a perspective different from their own?

[Jamie Metzl @JamieMetzl]

Macklemore has a tremendous opportunity on his forthcoming tour. He can denounce terrorism, call on Hamas and Hezbollah to surrender immediately and unconditionally, and help his fans understand the history of the Israeli-Palestinian conflict, including the mistakes made by all sides. He can stand for the human rights of everyone and for a Middle East where everyone can live in safety and peace.

I hope he takes that opportunity rather than continuing to serve as an ignorant and uninformed social media activist building his career on the suffering of others.

[Dan Robinson @danrobinson]

Add it to the hall of fame

[Lu Yiming @LuYmng]

Trustless hedges fail when the oracle itself is the risk.

[Nate Geraci @NateGeraci]

Wonder if there’s a potential hedge for this exact situation that’s cryptographically secure & isn’t dependent on any centralized intermediary…

[Lu Yiming @LuYmng]

Private blockspace solves the wrong incentive problem.

[Georgios Konstantopoulos @gakonst]

Read the deep dive on Zones, private Tempo blockspace, by @varunsrin!

[Lu Yiming @LuYmng]

Tempo proves blockspace is a product, not just infrastructure.

[Georgios Konstantopoulos @gakonst]

Read the deep dive on Zones, private Tempo blockspace, by @varunsrin!