Yoni Ben-Shimon

Amare

[Yoni Ben-Shimon @YoniCombinator]

how big stock memecoins can get :

To understand stock memes and the potential impact, we need to go back to the creation of the etf industry. Before the SPY trust was created, it was very expensive for American people to get diversified exposure to the American stock market. Vanguard and other companies made it more affordable, accessible and chip. That created net new flows into the American economy that some people estimate are responsible for 35% of the stock market size today (35 trillion dollar).

Tokenized stocks and stock memecoins do the same thing today: tokenized stocks open the American stock market to the rest of the world, and stock memecoins create a new reason for buyers to interact with the stock; it's an instrument that gains value from the meme and from the stock and reflexively drives each other to contribute to each other reflexively. I deeply believe that every public company in the world will have a stock memecoin community that coexist and contributes to its growth. From a systematic point of view this assets drive new flows to (but not limited to )stocks that otherwise didn't get much retail flows - so it actually creates the same systematic change that etf were creating, but with more stocks and with more people.

[Yoni Ben-Shimon @YoniCombinator]

@_Louie_23 @vladtenev much more are coming soon

[Yoni Ben-Shimon @YoniCombinator]

i heard a board seat became available

[Yoni Ben-Shimon @YoniCombinator]

empowering conviction.

[Nate @Natan_benish]

The stock market is starting to feel more like crypto

High volatility, uncertainty around what makes a public stock bullish, “de-leveraging” that crashes markets, and pure chaos.

At LONG, we’ve always been clear: the only thing that can remain constant in chaotic markets is conviction. The best assets are the ones that can compound that conviction into economic value.

These were the conditions that made LONG great within crypto.

And these will be the exact conditions that scale stock pairs on LONG into the largest stock-based movements we’ve ever seen.

The crypto x stocks barbell comes down to holders who want change and alternative assets.

LONG.

[Yoni Ben-Shimon @YoniCombinator]

"the structural capacity of the american economy to grow wage earners is broken" . aka inflation. the biggest challenge of our generation

[Tony Jacob | FindaClip.com @tonjkb]

Chamath Palihapitiya admits his blind spot on America's broken two-tier economy

PALIHAPITIYA: "I got it totally totally totally wrong. I got it totally wong."

"I'll go through all the ways in which I got it wrong, but I just want to first acknowledge what my blind spot is. Like most people's blind spots, but I can just speak for myself, it is through the lens of my own lived experience and very narrowly what is in my best interests. And I think what we had was a move away from the culture wars that was very much in my best interest, but I think it was in everybody else's best interests as well. I don't think that was on the ballot. But what I don't think I understood clearly enough, and I think that this election has made extremely clear, is that since COVID, we have moved past political ideology. And I want to say this again: I do not think Democrats or Republicans matter. That is my real takeaway after this election. There is a central block of people that vote the prescient issues of our time."

"It was a gargantuan win for Biden, then it was a gargantuan win for Trump, and then it was a gargantuan win for the Democrats in these midterms. What are these people voting for? I think what they are shouting now—they were trying to signal and now they are shouting—is a broad-based belief that the economy has completely decoupled from reality and is broken. The economic reality in America is broken."

"There is a small percentage of people, the four of us on this pod and all of our friends, who are the asset owners of America. And we have benefited in every weather condition. When rates were zero, we benefited because we were able to build our businesses with very cheap capital. When rates were high, we benefited because we had pricing power. And in every condition in between, whether there were tariffs, whether there were not tariffs, whether there were subsidies, whether there were not subsidies, we've all managed to continue to accumulate and grow assets, but we are few and far between."

"And then there's everybody else who are wage earners, and the structural capacity of the American economy to support and grow wage earners is broken. It's clear. Why do I say that? I do not think, and I disagree with Freeberg, I don't think this has anything to do with socialism. I don't think the far left won particularly more than they were expected. I don't think the far right won particularly more than was expected. This is a complete and total repudiation about the state of the economy. The economy is broken. I have a few charts to support my point of view. Number one, if this was ideological and if ideology mattered, money in politics would have had a more direct impact on the election."

[Yoni Ben-Shimon @YoniCombinator]

@dawallach similar https://t.co/7eGcxs298d

[Yoni Ben-Shimon @YoniCombinator]

@goodalexander new career unlocked

[Yoni Ben-Shimon @YoniCombinator]

@0xBiZzy LONG is the highest ratio

[Yoni Ben-Shimon @YoniCombinator]

artificial-inu-3:native is the social graph for ai basic income

[Yoni Ben-Shimon @YoniCombinator]

@davidsenra @BenWilsonTweets @BenWilsonTweets check out https://t.co/1ZqB8708tw in germany , my mom tried it with pretty good results.

[Yoni Ben-Shimon @YoniCombinator]

community treasury assets are slowly becoming the biggest asset managers for rwa's .

capable of : 1. own and control etfs 2.provide liquidity 3. auto close tokenized stock arbitrage AND being the biggest marketing dept for public companies. new type of asset class.

[Nate @Natan_benish]

The most important mission we have with LONG is figuring out how we make pairs more attractive as a new asset class and more interesting for net new long term holder.

we want to re-build the stock market and empowering pairs to become a distribution engine that constantly capture more value. ETF mangers and hedge funds on Wall Street been running extremely lucrative biz for years.

AI holders can now own and manage their own basket with $250k TVL + get fees from the market activity.

Wrote about it yesterday, I think LongX baskets are 0-1000 moment for expressing a thesis via specific combo of assets and own the upside.

The cool part here is that there are bunch of extremely smart holders in AI and other pairs in LONG and I think they will find a lot of utility around these.

Even if you’re not into perps and stock portfolios I highly recommend to try it out. It cost nothing to vote you just need to hold AI in your wallet and you get fees in AINX on auto.

The current proposal is to rest the leverage on NVDA ahead of an expected rally. But it can go much deeper than that from increasing total leverage add new assets and so on.

There are bunch of design questions here we will tackle one by one(how we get holders on apps like fomo to vote? how much optimality we want to provide? Should we use curators? How about adding a carry from PNL and so on)

We gonna keep pushing novelty as far as we can. I’m gonna break it down further in the coming days. And also working with additional teams to bring their communities custom baskets bases on demand.

Keep it LONG.

[Yoni Ben-Shimon @YoniCombinator]

@kevinace check out https://t.co/lC8oa3uAry in germany , my mom tried it with pretty good results.

[Yoni Ben-Shimon @YoniCombinator]

@lbexplorer @longdotxyz LONG.

[Yoni Ben-Shimon @YoniCombinator]

the power of a community treasury asset

[Monitoring the Situation @monitoringmeme]

Just keep posting, nothing is beyond our reach.

[eric @econoar]

Bullish

[Yoni Ben-Shimon @YoniCombinator]

every public company needs a seat for the internet

[Yoni Ben-Shimon @YoniCombinator]

connecting the internet to the stock market

[Yoni Ben-Shimon @YoniCombinator]

@cory such a privilege to have cory as your first believer

[Yoni Ben-Shimon @YoniCombinator]

@econoar LONG AND HARD

[Yoni Ben-Shimon @YoniCombinator]

@TMtheOG sorry i meant schiffy is a bet on gold , monitor is a bet on american safety and palantir

[Yoni Ben-Shimon @YoniCombinator]

there is only one ticker to bet on RWA on RH. only LONG holders will win.

[Yoni Ben-Shimon @YoniCombinator]

@TMtheOG no. each token is a different bet. boner is a bet on hims , monitor is a bet on the next axie and the fort nox of the internet etc. in the same way that btc eth and sol each are valuable for their own reasons so do long assets