# Post-FTX: self-regulate and read out closed-source projects

- **Speaker:** Greg Osuri
- **Attribution:** attributed
- **Said:** 2023-10-26
- **Theme:** Other — https://www.gregosuri.com/predictions/other/
- **Source:** How Akash Network is Democratizing Access to Cloud GPUs \| Greg Osuri (0xResearch)
- **Watch at:** 00:59:17 — https://www.youtube.com/watch?v=CRA0yN28Dw8&t=3557s
- **Canonical:** https://www.gregosuri.com/predictions/other/2023-10-26-post-ftx-self-regulate-and-read-out-closed-source-frnf/
- **Cite as:** Greg Osuri, "Post-FTX: self-regulate and read out closed-source projects," How Akash Network is Democratizing Access to Cloud GPUs \| Greg Osuri (0xResearch), 26 Oct 2023, 00:59:17. https://www.youtube.com/watch?v=CRA0yN28Dw8&t=3557s

## Quote — verbatim

> Every failure can be attributed to closed and opaque models — think about it: FTX, Celsius, even Luna to a large degree... Don't trust Twitter as much as you should trust GitHub... Let's do a better job this time; let's make better mistakes tomorrow.

## Context — site annotation, not spoken

Closing thought urging the industry to self-regulate before governments do, and to evaluate top-100 tokens by their source code rather than partnerships. Quote spans [00:59:17]-[00:59:58]; earlier part at [00:57:53](https://www.youtube.com/watch?v=CRA0yN28Dw8&t=3473s).