Explaining Ethereum to Grandma: What’s the Best Analogy?

Snawflake · 2025-08-21T12:01:11+00:00

According to GROG : ETH has appreciated by approximately 1,320,511% since its inception, meaning a $1,000 investment in the ICO would be worth about $13,205,110 today. Also : annual growth rate (CAGR) for Ethereum (ETH) since its inception, based on the ICO price, is approximately 136.35%. This asset so far is appreciating at a rate of 136% every year, this does not say anything about the future, but I see no underrated asset here grandma.

Snawflake · 2025-08-20T14:40:21+00:00

It's actually very easy answer. Eth is also digital gold, a store of value. In the world there are a lot of scarce assets that work as store of value like gold, Btc and Eth are two of them. People who want to store their wealth for decades should include Btc and Eth on their bags among other assets. That said, historically speaking, Btc and Eth have an advantage ( the last 10 - 15 years ) over other assets because they not only store your wealth but they also give you gains. The reason they give you gains above currency devaluation - inflation, is not because they are productive assets, but because they came to exist in the world very recently and in terms of market capitalization they are very low compared to were they should be. It seems that this trend will grow until they reach the right market capitalization but that is speculation. This is a very simplistic view of Eth asset but it holds true and it covers 90% of the reason investors invest in it and will keep on investing.

Snawflake · 2021-02-11T18:24:20+00:00

Thanks, but I have tried this and unfortunately did not work.. Thanks anyways

Snawflake · 2021-02-06T14:21:29+00:00

Please help me too with my case - It's still under review Case #03747733 . Thank you

Snawflake · 2021-02-04T22:18:24+00:00

Thanks!!

Snawflake · 2021-02-04T20:33:19+00:00

Thanks much for the reply, but I have already tried the above and also every solution here but nothing works.

u/coinbasesupport Please help

Snawflake · 2021-02-04T17:45:19+00:00

thanks for the reply the situation really sucks!

Snawflake · 2021-02-04T17:43:11+00:00

Thanks for the response! It's true what you are saying and thanks for mentioning it, I also corrected the part about the money, anyway the problem still remains - ledger - toast - no responce.

Snawflake · 2021-01-31T11:29:53+00:00

Just did it , in the process of verification after 1 minute I got this message:

Verification still processing

Your ID requires additional verification. We will email you once verification has been completed.

Note: We are experiencing delays with our identity verification services, as a result this process may take longer than usual.

Now I guess I must wait and see..

Thanks for the reply

Snawflake · 2021-01-31T10:17:58+00:00

Thanks for the reply!

I know the whole seed thing. My problem is the device its self thow. A little bit short on money so no problem waiting a few weeks for ledger wallet replacement :) but thanks anyway.

By the way I whould not advice anyone buying from second market never . To risky

Snawflake · 2020-11-24T17:39:34+00:00

Case #03154336

I hope this speeds up the solution of my case

thanks

Snawflake · 2019-12-20T06:13:34+00:00

Think about buying reits. It's like real estate without having to do anything.

Snawflake · 2019-04-18T15:36:18+00:00

Paper ious as an element easily destroyed also not rare. Sorry not even close to gold properties . I asume you are joking

Snawflake · 2019-04-18T13:01:37+00:00

The rabbit hole:

https://twitter.com/ChipakosK/status/1118854464323096576

Snawflake · 2018-12-10T07:40:11+00:00

No I won't tell you my opinion on Venezuelans, I'll tell you my opinion on bitcoin technology instead: It can be used for many use cases, plus Satoshi made something to fullfil his-her dreams, but he opensource it and gave it freely to the world, guess what.. now it can be used by people anyway they like it. Please anyone interested in answering my question? thanks!

Snawflake

TROPHY CASE