The fact that bitcoin exchanges hold so much bitcoin as one, centralized entity makes them an obvious target for hackers. (bitcoinmagazine.com)
Bitcoin's value stems from the lack of centralized entities manipulating its value and its transparent nature. (dailybitcoinnews.com)
Indeed, the unintended consequences of their legacies shaped today's flawed educational system, in which political control of stagnant American schools has shifted away from families and communities to larger, more centralized entities — initially to bigger districts and eventually to control by states, courts, and the federal government. (hup.harvard.edu)