# A self-serving, fiat-free cloud economy is live

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2021-06-26
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** The Unstoppable Livestream w/ Sunny Aggarwal & Greg Osuri (Akash Network)
- **Watch at:** 00:04:58 — https://www.youtube.com/watch?v=-1tcbW9WZOQ&t=298s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2021-06-26-a-self-serving-fiat-free-cloud-economy-is-live-ul5n/
- **Cite as:** Greg Osuri, "A self-serving, fiat-free cloud economy is live," The Unstoppable Livestream w/ Sunny Aggarwal & Greg Osuri (Akash Network), 26 Jun 2021, 00:04:58. https://www.youtube.com/watch?v=-1tcbW9WZOQ&t=298s

## Quote — verbatim

> Osmosis API servers and nodes are actually running on Akash, so it's a self-serving ecosystem at this point... you can actually pay for your compute using OSMO tokens by exchanging them on the DEX to AKT and using their AKT to pay for your compute.

## Context — site annotation, not spoken

Greg calls this "the first sort of self-fulfilling" loop — "pure OSMO... no touching fiat" — and predicts more of it: Sentinel dVPN nodes and Persistence hosts running on Akash paid entirely through IBC.