Boner (meme) Thesis TL;DR: The memecoin of a cycle is the symbol of financial nihilism in that moment, the memetic expression of the zeitgeist. With stocks being the zeitgeist, the best memetic equivalent of it is the one that’s the most absurd, yet with a mission that’s achievable. First cycle: Dogecoin (coin of a dog) Second cycle: Fartcoin (coin about farts) This cycle: Boner (coin about getting hard) (1) Each cycle, more crude than the previous. Why? Absurdity. Crudeness on the same level as the one prior wouldn’t be newsworthy. A fartcoin derivative isn’t newsworthy. A dogecoin derivative isn’t newsworthy. Each needs to be far more absurd than the previous to seem strange enough to be spoken about. (2) Each cycle, more novel than the previous. What? The ability to prove what a memecoin can do, one level above: With Dogecoin, it was “a memecoin can have a valuation”. With Fartcoin, it was “a memecoin shilled by AI”. With Boner, it’s “a memecoin can squeeze a stock” (3) Each cycle, with a mission of its own. How? With primitives letting us attach memes to stocks, we can rally people together towards a certain mission linked to the underlying asset. Hims is in a sweetspot where its meme can actually have an impact on its stock, <$10B (similar to gamestop, amc, etc.) + its stock community is large enough to accept it (100k+ people on reddit and twitter) With trillion dollar companies, such missions become a bit harder. Points: - Funniest meme of the meta - Novelty - meme/stock pair - Crude enough to be newsworthy - Hims sweetspot (sub-10b company) - Confluence (veterans that came out of retirement for this) - The jokes write themselves