# Bear-market costs drive validators to decentralized cloud

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2022-06-29
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Akash Weekly Spaces - June 29th (Akash Network)
- **Watch at:** 00:04:19 — https://www.youtube.com/watch?v=M6-8x4WUMjo&t=259s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2022-06-29-bear-market-costs-drive-validators-to-decentralize-74aq/
- **Cite as:** Greg Osuri, "Bear-market costs drive validators to decentralized cloud," Akash Weekly Spaces - June 29th (Akash Network), 29 Jun 2022, 00:04:19. https://www.youtube.com/watch?v=M6-8x4WUMjo&t=259s

## Quote — verbatim

> We predicted that in a bear market the costs are going to be an issue, especially for validators trying to scaffold, and Akash providing a cost-efficient solution that's self-sovereign is a very attractive value proposition... really excited to see a majority penetration in a blockchain for the first time by a decentralized cloud.

## Context — site annotation, not spoken

On Paloma (Cosmos SDK messaging chain) running ~7% of its testnet validator nodes on Akash.