William Mougayar is an author, entrepreneur, investor, and Ethereum advocate.In this episode, we explore why Ethereum shouldn’t be valued like a stock, but instead understood as a public good infrastructure, more like the Internet valued through the lens of dependence, economic flow, and trust.------🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE🌅 NEUTRL | THE NEXT GENERATION OF CRYPTO-NATIVE YIELD🌞 SOLSTICE | PERMISSIONLESS INSTITUTIONAL YIELD⚔️ KATANA | DEEP LIQUIDITY & REAL YIELD🔊 DECIBEL | THE NEW SOUND OF TRADING🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR SCALE🌊 RIVER | A CHAIN-ABSTRACTION STABLECOIN SYSTEM⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED------Timestamps0:00 - Intro2:10 - William’s background and Ethereum’s genesis6:13 - Sponsor break8:45 - Crypto’s next era will be driven by fundamentals15:31 - Why the Internet is the right valuation comparison23:33 - Why Ethereum should be valued as a public good31:28 - The layers of the Internet vs Ethereum34:19 - How the Internet has been valued39:27 - Valuing Ethereum based on Internet valuation frameworks45:51 - What do we blame ETH’s mispricing on?58:20 - Closing------🔗 Guest Links 🔗► William's Ethereum report: https://ethmrc.com/the-internets-blueprint-for-ethereum-a-trillion-dollar-public-goods-valuation-framework/► William's blog: https://wamougayar.xyz/► Ethereum Market Research Center on X: https://x.com/ethereum_mrc► William Mougayar on X: https://x.com/wmougayar------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad, Nomatic, and William all hold ETH. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.