Editing Bitcoin
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For example, the world's first ever known currency was operated by a central entity (The Kingdom of Lydia). When the central entity failed, so did the currency. | For example, the world's first ever known currency was operated by a central entity (The Kingdom of Lydia). When the central entity failed, so did the currency. | ||
[[File:Value of U.S. Dollar - Log.jpg]] | [[File:Value of U.S. Dollar - Log.jpg|600px]] | ||
[[File:Bitcoin purchasing power.jpg]] | [[File:Bitcoin purchasing power.jpg|600px]] | ||
Another key benefit of transacting on a decentralised network is that transaction costs are likely to be lower. | Another key benefit of transacting on a decentralised network is that transaction costs are likely to be lower. |