A few centuries ago, China banned a major decentralized system that was used for peer-to-peer international transactions (maritime trading). The ban (海禁) has reduced the international influence of China, and made China so weak that European countries eventually colonized it.

A few centuries ago, China banned a major decentralized system that was used for peer-to-peer international transactions (maritime trading). The ban (海禁) has reduced the international influence of China, and made China so weak that European countries eventually colonized it. submitted by /u/themetalfriend
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Man Used a Printer and Stolen Identities to Commit $60,000 Wire Transfer Fraud (deepd.tw)

In Gelsenkirchen, a city in North Rhine-Westphalia, Germany, a 40-year-old stood before a judge at the District Court of Essen for “large-scale” bank fraud. According to the public prosecutor, he defrauded thousands of unsuspecting German citizens. The investigation, though, focused mainly on Bavarian victims as they lost their sensitive information the most frequently. This form…

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