There's a audio version of this blog post, hosted on YouTube:
DIEM is launching TODAY. So lets see what happens?
Will a lot of DIEM be minted? Will the market value DIEM with reason? Will the reason be “reasonable”. Will they be too pessimistic about what the Venice team can achieve? Will the market get too optimistic? Will the market get so optimistic that we call it mania in hindsight? Or will no-one notice the event in our little ecosystem and it’ll pass with a whisper? We’ll see.
Whatever the market thinks, I think AI with maximal privacy and minimal censorship is valuable. But I fear it may take some pain before society understands it fully.
Erik Vorhees, founder of Venice AI posted on X where he “Nerded out” about the $DIEM valuation in a long and juicy Post.
Read Eriks tweet storm: https://x.com/ErikVoorhees/status/1957545914324881857.
It has given me much to think about. He had some ways to value DIEM that I hadn’t considered. Some of the price ranges he reasoned about are much more bullish than I had dared to go.