Germany’s Largest Bitcoin Exchange Hands Over Customer Data Voluntarily (news.bitcoin.com)

According to regional reports, Germany’s largest bitcoin exchange Bitcoin.de has been giving customer data to investigators without a warrant.
Also read: Indian Government May Take Immediate Steps to Stop Bitcoin Use 
The biggest bitcoin marketplace in Germany,…

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If the fate of Bitcoin rests on the hands of a small group of people, then the project is a failure. It was supposed to be open and self sustainable.

It wasn't supposed to be like this, a very small group of people already holds (sort of) control of the fate of the system, which was supposed to be ruled purely by supply and demand. And now there's a conflict of intere$ ts. It's not a technical argument, otherwise we would all arrive into consensus.

At the end of the day, this whole BIP148/UASF argument is confirmation that the Bitcoin project had a great start, proposing a fantastic currency system, but it is bound to flop, not because of a technical limitations, but interests. I mean, what's the matter? If a small group of people can decide the fate of something, then the system ain't that special.

Bitcoin should just exist, without control whatsoever. No one should possibly be able to interfere with it. Unless somebody finds a solution that completely nullifies the purpose and existence of Jihans, it will be a matter of time until BTC dies.

submitted by /u/Sucake
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