FIX CALIFORNIA @isitover

🏛️ Fix California w/ real solutions. 🏡 Affordable housing • 🚓 Safer communities • 📈 Strong businesses 🎙️ Podcast + Policy Insight for CA’s Future California, USA Joined June 2022

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FIX CALIFORNIA @isitover

2 weeks ago

@blknoiz06 “Ansem - Hardest Bag Worker Ever” on Apple TV

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FIX CALIFORNIA @isitover

3 months ago

@Yourpop8 @binance @cz_binance @ErikVoorhees CZ and Erik are old friends, they weee interns together at Bitcoin.com

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FIX CALIFORNIA @isitover

3 months ago

@levelsio @TermiusHQ Why don’t you use the clause telegram plugin?

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FIX CALIFORNIA @isitover

3 months ago

@adcock_brett @DaliborTTC Aliens

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FIX CALIFORNIA @isitover

3 months ago

@levelsio Have you ever moved to SF?

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FIX CALIFORNIA @isitover

4 months ago

@ryanmyher yes please :)

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FIX CALIFORNIA @isitover

4 months ago

@tolibear_ you need to update your config medium.com/@ulmeanuadrian…

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FIX CALIFORNIA @isitover

4 months ago

@wizardofsoho It still requires a computer. Why is the Mac mini worthless?

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FIX CALIFORNIA @isitover

5 months ago

@bcherny The “kills” typo hits different now

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@steipete @openclaw I don’t want happened, but like 5 hours ago everything started working like shit. Telegram integration is cooked. I had to go to dinner and couldn’t inspect, but something critical broke imo

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FIX CALIFORNIA @isitover

5 months ago

@APompliano @nickshirleyy Grifter

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FIX CALIFORNIA @isitover

5 months ago

@brian_armstrong Back to stealing companies

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FIX CALIFORNIA @isitover

5 months ago

@Shilllin :(

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FIX CALIFORNIA @isitover

5 months ago

@Shilllin The girl

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5 months ago

@Shilllin Penguins mate for life I heard

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FIX CALIFORNIA @isitover

7 months ago

@ArdiNSC Yes please

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Erik Voorhees @ErikVoorhees

7 months ago

Nerdy tokenomics post... Venice released an experimental token design for accessing AI compute back in Sept, called DIEM Staking DIEM grants access to any AI model on Venice for free (1 DIEM = $1 of renewing daily credits): it makes the marginal cost of compute free. At first, it was API access only (no web), and only a few open-source models. In Oct-Nov we allowed its use on the Venice web app (no longer API only), and then started adding all the leading external AI models to Venice. Today, users can access Claude Open 4.5, Gemini 3, Nano Banana Pro, GPT 5, etc from Venice. This is both convenient (all the models in one interface), but also provides additional privacy (pseudonymity vis-a-vis Anthropic, Google, OpenAI, etc). These models are unequivocally the best in their respective categories. Meanwhile Venice's userbase (both app and API) has continued growing. And now we're seeing the tokenomics of DIEM start to play out... seven consecutive weeks of green candles amid a sideways or down broader market. Why is it happening? Imaging paying $100 to get $1 every day of AI credit. No brainer... especially because you can sell the DIEM back when done. So people bought at $100 to use it and price of DIEM rose At $200 it's still a no brainer, so price kept rising. Today it hit $300. What's $1/day worth as an asset? Here's the mechanical part... as DIEM is bought and staked for AI compute, the rising price incentivizes VVV holders to mint more of it. DIEM can only be created ("minted") from VVV, but as DIEM supply rises, the "mint rate" also rises, meaning it takes more VVV to mint 1 DIEM. This occurs along an algorithmic exponential curve. Minting DIEM locks the VVV in an amount according to the mint rate. It can only be unlocked by repaying same qty of DIEM at any later date. This destroys the DIEM and releases the VVV. DIEM's utility is flowing it toward usage and price is rising. This means increasing amounts of VVV are getting locked away (today over 6.3m VVV is locked, nearly 10% of total supply). The more useful AI consumers find DIEM, the higher they'll bid for its scarce supply, which raises price, and locks further VVV on an exponential curve. Equilibrium is eventually found when opportunity cost of capital paid for DIEM is no longer lower than marginal utility of the AI compute it can obtain. Someone should happily pay $100 for $1/day but prob shouldn't pay $10k for the same... as the NPV of the yield of $10k should be higher than just paying $1/day of cash for credits. Once that DIEM price is found, the amount of VVV locked also finds equilibrium. As VVV is locked for this purpose, a portion of emissions flows to Venice, compensating for the costs of the AI compute its providing for free. Venice can control something called the "Target Supply" of DIEM, raising it up or down, which changes the mint rate which affects (but doesn't control) supply. If costs become too onerous to Venice, it reduces Target Supply, and it disincentives further minting, bringing equilibrium of supply back down at any given DIEM price. We have no idea where these equilibria will or should be, but we know they exist. Perhaps you'll find this set of mechanisms interesting, and I hope they'll inspire other experiments. I wonder how long until sophisticated AI agents truly dive into the exploration of tokenomics as a vast design space... perhaps they already are? Perhaps they were involved in DIEM's design? venice.ai/blog/introduci… $DIEM $VVV @AskVenice