# Fiat payments still root down to AKT

- **Speaker:** Unknown
- **Attribution:** uncertain
- **Said:** 2022-09-13
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Ask Akash - How will $AKT benefit from enabling Fiat Payments (Akash Network)
- **Watch at:** 00:02:53 — https://www.youtube.com/watch?v=mo5VD4leo4A&t=173s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2022-09-13-fiat-payments-still-root-down-to-akt-3y2y/
- **Cite as:** Unknown, "Fiat payments still root down to AKT," Ask Akash - How will $AKT benefit from enabling Fiat Payments (Akash Network), 13 Sept 2022, 00:02:53. https://www.youtube.com/watch?v=mo5VD4leo4A&t=173s

## Quote — verbatim

> You're not bringing fiat into the protocol — protocols cannot support fiat payments. The only way to use Akash deployment platform is to use AKT. Anything we do on top of AKT, even a multi-currency settlement mechanism, the stable settlement we're talking about — even that really roots down to using AKT... AKT is the core native currency of Akash network.

## Context — site annotation, not spoken

Argument that fiat on-ramps enhance rather than undermine AKT demand. **Speaker:** uncredited Ask Akash answer; likely Greg.