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Aside from the question of whether it is a store of value, a successful currency must also meet qualifications related to scarcity, divisibility, utility, transportability, durability, and counterfeitability. Let's look at these qualities one at a time.After much investigations and research i have made about how to earn more profit on cryptocurrency legitimately, I will recommend CryptoExchangeFX Cryptocurrency Investment Platform (www.cryptoexchangefx,com) as it is relatively on for a while now (launched at mid-summer 2017) but has become the largest Cryptocurrency Investment Platform right now (total volume over 120 million dollars) where you get 20% profit of your invested cryptocurrency after every 10 days. It supports variety of cryptocurrency like Bitcoin, Ethereum, Bitcoin Cash and Litecoin and other Altcoins. I find that it has a really nice UI and support.1) ScarcityThe key to the maintenance of a currency's value is its supply. A money supply that is too large could cause prices of goods to spike, resulting in economic collapse. A money supply that is too small can also cause economic problems. Monetarism is the macroeconomic concept which aims to address the role of the money supply in the health and growth (or lack thereof) in an economy.In the case of fiat currencies, most governments around the world continue to print money as a means of controlling scarcity. Many governments operate with a preset amount of inflation which serves to drive the value of the fiat currency down. In the U.S., for instance, this rate has historically hovered around 2%. This is different from bitcoin, which has a flexible issuance rate which changes over time.2) DivisibilitySuccessful currencies are divisible into smaller incremental units. In order for a single currency system to function as a medium of exchange across all types of goods and values within an economy, it must have the flexibility associated with this divisibility. The currency must be sufficiently divisible so as to accurately reflect the value of every good or service available throughout the economy.3) UtilityA currency must-have utility in order to be effective. Individuals must be able to reliably trade units of the currency for goods and services. This is a primary reason why currencies developed in the first place: so that participants in a market could avoid having to barter directly for goods. Utility also requires that currencies be easily moved from one location to another. Burdensome precious metals and commodities don't easily meet this stipulation.4) TransportabilityCurrencies must be easily transferred between participants in an economy in order to be useful. In fiat currency terms, this means that units of currency must be transferable within a particular country's economy as well as between nations via exchange.5) DurabilityTo be effective, a currency must be at least reasonably durable. Coins or notes made out of materials that can easily be mutilated, damaged, or destroyed, or which degrade over time to the point of being unusable, are not sufficient.6) CounterfeitabilityJust as a currency must be durable, it must also be difficult to counterfeit in order to remain effective. If not, malicious parties could easily disrupt the currency system by flooding it with fake bills, thereby negatively impacting the currency's value.To assess Bitcoin's value as a currency, we'll compare it against fiat currencies in each of the above categories.Bitcoin Compared Against Fiat Currencies1) ScarcityWhen Bitcoin was launched in 2009, its developer(s) stipulated in the protocol that the supply of tokens would be capped at 21 million. To give some context, the current supply of bitcoin is around 18 million, the rate at which Bitcoin is released decreases by half roughly every four years, and the supply should get past 19 million in the year 2022. This assumes that the protocol will not be changed. Note that changing the protocol would require the concurrence of a majority of the computing power engaged in Bitcoin mining, meaning that it is unlikely.The approach to supply that Bitcoin has adopted is different from most fiat currencies. The global fiat money supply is often thought of as broken into different buckets, M0, M1, M2, and M3. M0 refers to currency in circulation. M1 is M0 plus demand deposits like checking accounts. M2 is M1 plus savings accounts and small time deposits (known as certificates of deposit in the United States). M3 is M2 plus large time deposits and money market funds. Since M0 and M1 are readily accessible for use in commerce, we will consider these two buckets as medium of exchange, whereas M2 and M3 will be considered as money being used as a store of value. As part of their monetary policy, most governments maintain some flexible control over the supply of currency in circulation, making adjustments depending upon economic factors. This is not the case with Bitcoin. So far, the continued availability of more tokens to be generated has encouraged a robust mining community, though this is liable to change significantly as the limit of 21 million coins is approached.What exactly will happen at that time is difficult to say; an analogy would be to imagine the U.S. government suddenly ceased to produce any new bills. Fortunately, the last Bitcoin is not scheduled to be mined until around the year 2140. Generally, scarcity can drive value higher. This can be seen with precious metals like gold.2) Divisibility21 million Bitcoins is vastly smaller than the circulation of most fiat currencies in the world. Fortunately, Bitcoin is divisible up to 8 decimal points. The smallest unit, equal to 0.00000001 Bitcoin, is called a "Satoshi" after the pseudonymous developer behind the cryptocurrency. This allows for quadrillions of individual units of Satoshis to be distributed throughout a global economy.One bitcoin has a much larger degree of divisibility than the U.S. dollar as well as most other fiat currencies. While the U.S. dollar can be divided into cents, or 1/100 of 1 USD, one "Satoshi" is just 1/100,000,000 of 1 BTC. It is this extreme divisibility which makes bitcoin's scarcity possible; if bitcoin continues to gain in price over time, users with tiny fractions of a single bitcoin can still take part in everyday transactions. Without any divisibility, a price of, say, $1,000,000 for 1 BTC would prevent the currency being used for most transactions.3) UtilityOne of the biggest selling points of Bitcoin has been its use of blockchain technology. Blockchain is a distributed ledger system that is decentralized and trustless, meaning that no parties participating in the Bitcoin market need to establish trust in one another in order for the system to work properly. This is possible thanks to an elaborate system of checks and verifications which is central to the maintenance of the ledger and to the mining of new Bitcoins. Best of all, the flexibility of blockchain technology means that it has utility outside of the cryptocurrency space as well.4) TransportabilityThanks to cryptocurrency exchanges, wallets, and other tools, Bitcoin is transferable between parties within minutes, regardless of the size of the transaction with very low costs. The process of transferring money in the current system can take days at a time and have fees. Transferability is a hugely important aspect of any currency. While it takes vast amounts of electricity to mine Bitcoin, maintain the blockchain, and process digital transactions, individuals do not typically hold any physical representation of Bitcoin in the process.5) DurabilityDurability is a major issue for fiat currencies in their physical form. A dollar bill, while sturdy, can still be torn, burned, or otherwise rendered unusable. Digital forms of payment are not susceptible to these physical harms in the same way. For this reason, bitcoin is tremendously valuable. It cannot be destroyed in the same way that a dollar bill could be. That's not to say, however, that bitcoin cannot be lost. If a user loses his or her cryptographic key, the bitcoins in the corresponding wallet may be effectively unusable on a permanent basis. However, the bitcoin itself will not be destroyed and will continue to exist in records on the blockchain.6) CounterfeitabilityThanks to the complicated, decentralized blockchain ledger system, bitcoin is incredibly difficult to counterfeit. Doing so would essentially require confusing all participants in the Bitcoin network, no small feat. The only way that one would be able to create a counterfeit bitcoin would be by executing what is known as a double spend. This refers to a situation in which a user "spends" or transfers the same bitcoin in two or more separate settings, effectively creating a duplicate record. While this is not a problem with a fiat currency note—it is impossible to spend the same dollar bill in two or more separate transactions—it is theoretically possible with digital currencies.What makes a double spend unlikely, though, is the size of the Bitcoin network. A so-called 51% attack, in which a group of miners theoretically control more than half of all network power, would be necessary. By controlling a majority of all network power, this group could dominate the remainder of the network to falsify records. However, such an attack on Bitcoin would require an overwhelming amount of effort, money, and computing power, thereby rendering the possibility extremely unlikely.

For short-term goals like a child's education, fixed deposits might be an ideal choice because they offer guaranteed returns and the interest rate is fixed for an entire term.When it comes to low-risk investment, mutual funds, gold and fixed deposits are some of the most popular investment instruments. Since not a lot of people understand mutual fund investment and SIPs, gold and FD are among the top choice for investors with a low-risk appetite. However, there are some things which investors need to know in order to compare the two and choose the best option for you.It is extremely important that before deciding on the right investment vehicle that will suit your situation and needs, you compare the two thoroughly and then come to a conclusion. The first thing that you need to keep in mind before you go any further is that while investments made in gold are bound to fluctuate constantly, fixed deposits guarantee predefined returns.Here's how you can compare FD and gold to know which the better investment option:Risk, market nature and safetyBefore investing in gold one must know that the gold market is seen under constant flux since the yellow metal is an internationally traded commodity. Aspects like supply of gold, import, price of the US dollar, international trade relations etc. can impact the gold prices and hence your returns. While there are chances that the value of gold will gain, there is also a possibility that a fall noticed in the market can mean that your investment in gold is struck.On the other hand, returns in case of FD are independent of the market fluctuation. It means that no matter how the market is performing, you will get your returns are predetermined rates. In terms of risk, safety and market nature, FD offers guaranteed returns as it is not affected by market volatility. You can compare the interest rate offered by different banks and choose the right bank to deposit your money.Rate of returnGenerally, gold investment, assures a reasonable rate of return. However, the government at present is taking steps to control gold inflation because of which the rate of gold has significantly come down. In the past, gold investment was considered a good option since it offered inflation-beating results.FDs in India offers returns ranging from 4.5% to 8.6%. Since the return is risk-free, it is small, and appreciation of the investment would also be slow. FD interest rates are fixed based on how the economy is performing and their rates are considered the benchmark for risk-free return.Investment term flexibilityIn terms of gold investment, one has several options like gold ETFs, gold equity or gold bullion. The duration of the investment depends on the type of investment chosen. Gold is considered a safe-haven for investors as it brings stability to any portfolio.In the case of FD, you can choose between 7 days to 10 years as per your requirements. The flexibility of the investment term depends on the bank’s terms. Usually, short term fixed deposits are ideal for beating inflation. FD returns are locked for the term of the investment. Irrespective of the invested amount, the returns are guaranteed.LiquidityIf you want to invest in gold, you can think of a range of options including mutual fund, bullion and equity. Hence there is a great degree of liquidity, which you can consider. In fact, fast convertibility of gold to cash with little additional documentation makes it ideal for times when you need emergency cash.You can sell it anywhere around the world as long as you have the original purchase receipts to verify that you are the legitimate owner. However, while physical gold can be sold quickly, it can result in a loss. Also, the returns will always depend on the market conditions.In the case of fixed deposits, liquidity depends on the terms of financial institution. Premature withdrawals can invite penalties.Source of IncomeFDs can also be used to generate a regular, periodic income through interest payouts. You will be able to choose the frequency of interest you will want to receive. If you choose to use it as a source of regular income, the investment will not grow as the FD interest rate will not compound. The interest will be paid out as soon as it is due. It is also possible to opt for a cumulative fixed deposit in which the interest is reinvested for earning better returns.On the other hand, gold will not generate any income. It is just an asset that will perform depending on the market conditions and some external factors. If you buy gold jewelry, you may not be able to sell it in small portions.ConclusionFor short-term goals like a child's primary school education or middle-school education, fixed deposits might be an ideal choice because they offer guaranteed returns and the interest rate is fixed for an entire term. The returns on FD are completely taxable which do not make them the best investment instrument for long-term financial goals.Although, there are tax-saver FDs as well, which have a lock-in period of 5 years. One can claim a tax rebate to the limit of Rs 1.5 lakh per year under section 80C of the Income Tax Act.Gold is considered as the most liquid assets among equities, bonds, derivatives, bank term deposits, post office savings, insurance schemes, etc. A person can convert most of the standard forms of gold into cash quite easily. At the time of any unsolicited or unplanned requirement, a person can rely upon gold without disturbing the entire portfolio to get cash.From an investment perspective, gold might not be the best option ad you may be able to sell it easily, but the chances of incurring losses are higher since the gold prices fluctuate a lot in the short-term period. Also, it doesn't generate any income.Thanks for reading my answer.If you are looking for more financial awareness to make the best financial decisions and avoid all financial traps you can join with me : Vikram Sharma

The most important difference between banks and ISEC WM is the expected income. If you take deposits in US dollars, then in the bank you will receive approximately 1-2% profit. Usually the deposit is made for 6 months or more. In any investment, including a bank deposit, time is important. The longer you do not withdraw interest and reinvest the profits, the more you get in the end. Everyone wants to make money. And save, of course, too. There are also investment companies for this, such as ISEC WM. The percentage of profit for this company is on average 10%. Agree that this is much more than the banks offer. Such companies usually have clients who are interested in long-term investment. This option is also great if you want to save money to buy real estate, start your own business or pay for a university for your children. In these cases, banks will not help you much. And if you take into account inflation, then oohh ... in general, I'm not a fan of bank deposits. But, let's figure out where the investment companies got the money to pay our dividends. If everything is clear with banks, they earn on lending, then ISEC WM is engaged in forming your personal investment portfolio. This is where stocks and bonds go. Stocks of fast-growing promising companies, stable stocks that have shown stable growth for decades. Government and corporate bonds. All this, with the competent management of a specialist in the field of finance and proper diversification, will become a powerful tool for making good money. Also, this investment company has such a function as portfolio rebalancing. This is when, in a certain period of time, the composition of the portfolio is reviewed and, if necessary, changed. They do this depending on what is happening in the financial market. This is necessary in order to keep to the originally set goal. You know that all of our world is subject to change and you need to be flexible to resist. Also, a good distinguishing feature of ISEC WM is transparency and 24/7 availability of money. You can independently see what is happening with your money through your personal account. This is a good advantage over banks.As for me, now is the 21st century and we need to use what life gives us. I like ISEC WM more and how it works. You can read some more about ISEC WM on the offcial website if you'd like.