Sebastian Bürgel

"token vs equity" is too easy a criticism of @AskVenice because it's actually a triangle: Who gets the value accrual? 1. $VVV holders via burn/buyback (what @ErikVoorhees says) 2. Equity holders via dividend/liquidity event (likely what investors bought) 3. Defending the $DIEM promise (what users got sold) And I call BS on anyone dismissing (2). They didn't raise at a B$ valuation for a second class derivative of $VVV. Their equity hasn't been sold to retail plebs like a shit token without leg

Jul 1

I love private AI and think it'll be a game changer for society at large. I think @ErikVoorhees is among the most inspiring & trustworthy long-term figures in this space. But I'm concerned about having to trust-me-bro that Venice has the long term financials to offer the utility that $DIEM promises today. If that promise collapses - or gets reduced, because they have many levers to cut costs and give you a bit less value than you expect - I'm afraid their whole business could enter a death sp

Jun 7

I for one am willing to pay a premium for privacy respecting AI!

Jan 2, 2025

@gsmachado @ax_labs @AskVenice Love it! Can you share a bit more about the trust assumptions? I guess you open a TLS connection that terminates within the TEE and it's established in a verified manner and thus nobody can peek at me?

Jun 23