Crypto & DePIN
4 statements · 2026–2026
AI-crypto convergence forced by energy and privacy crises
Akash Network - Decentralized Cloud Built for AI's Next Frontier (DePIN Connection)
“Real world is AI and I think AI convergence with crypto is going to be incredible unlock for society. I think the energy crisis, the privacy crisis, all these are going to force people to use crypto a lot more.” — Greg Osuri, 01:04:16
Context: After sketching an on-chain model-royalties concept — contribute compute to train a model in exchange for tokenized future revenue usable as collateral; criticizes DEX/NFT/meme “casino” distractions.
Meme coins are done for; fundamentals lead the recovery
Akash Network - Decentralized Cloud Built for AI's Next Frontier (DePIN Connection)
“Memes being pure speculation, I think they’re done for. It’s going to be very hard to convince retail to go buy memes again… because this is very extractive behavior by a lot of these people.” — Greg Osuri, 01:10:39
Context: Closing market-cycle take during a downturn; adds at [01:11:21] that when recovery comes “it’s going to be almost fundamentals that’s going to drive the initial run-up, and then the greed eventually follows,” with DePIN best positioned for institutional money.
Only 1-2% of GPUs on incentive-driven DePIN networks are real
The Infrastructure Behind Agentic Finance, with Shashank Yadav and Greg Osuri of Akash Network (Fraction AI)
“There’s a lot of, quote unquote, DePIN networks that came about and just incentivized left and right all kind of GPUs, and we noticed — according to them, talking to them — only about 1% to 2% were actually real… or with a degree of quality that’s acceptable.” — Greg Osuri, 00:19:35
Context: Why Akash incentivized enterprise GPUs in data centers (“pips”/pilots) rather than home GPUs; quality verification in distributed environments is unsolved.
Stablecoins become de facto
From AWS to Akash: Greg Osuri on Building a Decentralized Compute Marketplace (Smart Economy Network)
“As much as I hate stable coins, I think stable coins are going to become de facto because stable coins import, export dollar without restrictions.” — Greg Osuri, 01:00:57
Context: His explicit crypto prediction; paired with the view that the dollar stays strongest among fiat but weakens against gold.