LIVE NOW - Ethereum’s Biggest Mistake (and How to Fix It) | Sam Kazemian

Has @ethereum failed to properly define $ETH?

@fraxfinance founder @samkazemian joins us to discuss what he believes is Ethereum’s biggest mistake: confusing the $ETH asset with Ethereum the technology. Sam argues that post-EIP-1559 and Proof of Stake, $ETH unintentionally shifted toward a discounted cash flow (DCF) valuation model, undermining its potential as a commodity-like store of value.

We explore how the Ethereum community can reclaim a stronger narrative around $ETH and why social consensus — not just tech — determines an asset’s destiny.

--------------
TIMESTAMPS

0:00 Intro
4:43 Classifying $ETH
17:50 ETH/BTC Collapse
33:39 $ETH Revenues
44:35 Blue-Money Gospel
53:44 What $ETH Needs
1:10:08 $ETH Internet Bond Narrative
1:19:49 Final Thoughts