# Long-term Bitcoin thesis: hedge against runaway inflation

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2024-09-30
- **Theme:** Crypto & DePIN — https://www.gregosuri.com/predictions/crypto-depin/
- **Source:** Interview with Akash Network founder/CEO Greg Osuri at deAI Summit TOKEN2049 (Pundi X Labs)
- **Watch at:** 00:03:41 — https://www.youtube.com/watch?v=0WXiGaybt0M&t=221s
- **Canonical:** https://www.gregosuri.com/predictions/crypto-depin/2024-09-30-long-term-bitcoin-thesis-hedge-against-runaway-inf-zohz/
- **Cite as:** Greg Osuri, "Long-term Bitcoin thesis: hedge against runaway inflation," Interview with Akash Network founder/CEO Greg Osuri at deAI Summit TOKEN2049 (Pundi X Labs), 30 Sept 2024, 00:03:41. https://www.youtube.com/watch?v=0WXiGaybt0M&t=221s

## Quote — verbatim

> I'm terrible at short-term predictions and usually good at long-term predictions... if the government continues to spend like a drunken sailor, I think scarce resources will definitely take like the center stage. Bitcoin is definitely turning out to be the hedge against this runaway inflation — considering that 30% of all the dollars in creation were done in the last three years.

## Context — site annotation, not spoken

Asked where Bitcoin goes next year; he pivots to a long-run macro thesis, adding "Bitcoin is the sea and we're all the boats on [it]" at 00:05:09.