BREAKING: Entire Federal Reserve payment system CRASHES

[ImaCannin]

BREAKING: Entire Federal Reserve payment system CRASHES with banks unable to send or receive wires

https://www.dailymail.co.uk/news/article-9296385/Entire-Federal-Reserve-payment-CRASHES.html

The Federal Reserve payment systems used to settle transactions between U.S. financial institutions have suffered a massive disruption due to an 'operational error'.

The system used by U.S. banks to execute some $3 trillion in transactions daily began suffering outages at around 11.15am on Wednesday, and remained out more than three hours later.

'Our technical teams have determined that the cause is a Federal Reserve operational error. We will provide updates via service status as more information becomes available,' the Fed said in a service alert at 2.14pm.


The backbone settlement service of the U.S. financial system, Fedwire, was among the systems impacted, and the Fed acknowledged that 'payment deadlines are impacted' by the disruption.

The potential impacts on consumer banking services were not immediately clear. A spokesperson for the Federal Reserve did not immediately respond to an inquiry from DailyMail.com.

'The Federal Reserve Bank staff is currently investigating a possible issue or disruption to multiple services,' the Fed first said in an alert at 12.43 pm.

An update at 1.18pm confirmed the disruption and added 'We will continue to provide updates as soon as they are available.'

Among the affected services was Fedwire, the system for large transfers between banks which last year handled 184 million transactions totaling more than $840 trillion.

Every day, transactions over Fedwire total more than $3.3 trillion, according to Fed data.

Other affected systems included FedACH, which generally handles smaller transactions, and The National Settlement Service, used by depository institutions with Federal Reserve Bank master accounts.

Every other transaction service maintained by the Fed was affected by the disruptions.

Applications for the Central Bank, the bank-of-banks where financial institutions deposit funds, were back online as of 2.17pm.

'We acknowledge that payment deadlines are impacted and will communicate remediation efforts to our customers when available,' the Fed said in a service alert. 'Thank you for your patience while we work to resolve the issue.'

[osoab]

All is well. Probably a fat finger moment. /s

[Shami-Amourae]

https://twitter.com/DocumentingBTC/status/1364643456107368453

[ImaCannin]

What is your point.?

[Tumbleweed]

Shami has been right about investing in bitcoin and there was a time I could have bought a lot of them but didn't.

I'm not good with the computers and don't really understand buying and trading these digital coins. I've bought puts and calls for hedges to lock in the price of cattle and I bought silver.

The puts and calls on cattle prices made me money. The silver came up after I bought it and I sold half and got back the original purchase price.

I should probably try learning about these digital coins but I'm guessing it's probably to late to be getting involved because there are so many going after them and it looks to me now like a good way to lose a lot of money.

There are things that at some point are worth more than what ever kind of money you have. I've been investing in those over the years.

The fellow in this video below makes that point pretty well.

Shami will probably do well with his investing and I wish him well.

I believe there are words of wisdom spoken in this video and we all need to take heed of them.





https://www.youtube.com/watch?v=cLMVpQOTCE0&feature=emb_logo

[EE_]

Shami has been right about investing in bitcoin and there was a time I could have bought a lot of them but didn't.

I'm not good with the computers and don't really understand buying and trading these digital coins. I've bought puts and calls for hedges to lock in the price of cattle and I bought silver.

The puts and calls on cattle prices made me money. The silver came up after I bought it and I sold half and got back the original purchase price.

I should probably try learning about these digital coins but I'm guessing it's probably to late to be getting involved because there are so many going after them and it looks to me now like a good way to lose a lot of money.

There are things that at some point are worth more than what ever kind of money you have. I've been investing in those over the years.

The fellow in this video below makes that point pretty well.

Shami will probably do well with his investing and I wish him well.

I believe there are words of wisdom spoken in this video and we all need to take heed of them.





https://www.youtube.com/watch?v=cLMVpQOTCE0&feature=emb_logo

Developing a community will be paramount to your survival. The world, our country is becoming a dangerous place with democrats letting so many criminals out onto our streets and not prosecuting criminals of a certain race and ideology. Add to that the million diseased brutal criminals pouring across our border and now you have a recipe for an extremely dangerous environment. Two people cannot survive this scenario alone. Taking in a couple strangers will not be an option.
As far as precious metals, the video poster assumes things will never improve after a collapse. At some point there will be a recovery and people will begin to trade for goods and services. You better have something to trade with. Bullets may be more valuable then gold or silver for a while. Buy you still have to look at the future and recovery when there is no longer a US currency to use.
I feel fortunate to live in a county, on a cul de sac of 45 homes, each on 1 to 2 acre plots. So plenty of room to grow things and more vacant land around us. I've met most of my neighbors and we all wave to each other daily when driving in and out. The down side to where I live, is it's being invaded by growth. It was pretty rural when I moved here...it's changing quickly in the last couple years.

[ziero0]

"It was pretty rural when I moved here...it's changing quickly in the last couple years."

City folks moving to the country...ultimately change the country.

You never move away from prosperity (and it's related side effects of drugs and crime). You bring prosperity with you where ever you go.

If you are frustrated with close minded people where you came from likely you will find the same sort where you move to.

The only solution I can see is to become an astronaut and move to Mars. There you can live in a truly utopian colony by yourself.

[ImaCannin]

This was posted today on a fish, game and parks website..

“ FWP's online credit/debit card payment processor is currently experiencing a global system outage and unable to process transactions. They are working towards a solution as quick as possible. Customers can still visit a license provider or an FWP office for in-person sales.”

[ImaCannin]

GLOBAL OUTAGE OF VISA AND MASTERCARD - UPDATED 6:15 PM EST
WORLD
NEWS DESK
26 FEBRUARY 2021
HITS: 9992

GLOBAL OUTAGE OF VISA AND MASTERCARD - UPDATED 6:15 PM EST
VISA and MASTERCARD are suffering what is being described as a "global outage" for anyone trying to use one of the cards to purchase anything, anywhere!

Just a day or so after the United States Federal Reserve reported a total outage of its FedWire and FedACH systems, which halted all money transfers between banks inside the Untied States, now the two major bank card systems are also suffering an "outage."

Clearly, something is wrong in the global financial system. These "outages" while brief, are signaling something is afoot.

As with the Fed outage the other day, this web site recommends you have CASH MONEY on-hand to tie you over this weekend, just in case. Head to an ATM and get some cash. Tank-up the fuel in your vehicle(s).

None of this is hard, or expensive, or difficult. But if you find yourself suddenly without bank cards to use . . . because their systems are down globally . . . then you'll be in a hard place without cash money.

Just a word to the wise.

UPDATE 6:15 PM EST

From a subscriber: "Yea was in grocery store and got in line to get checked out and they announced all credit card processing was down and could only accept CASH."

From another subscriber: "In NJ. Just went to two different stores, Visa not working."

From a general email contact form: "Ikea in Indiana had no ability to process cards. Super long lines and super unhappy customers."

This issue has begun making the mass-media news:

JUST IN: Problems with credit card outages are affecting areas up and down the East Coast. A Visa outage heat map shows hot spots from Boston to Atlanta, and many businesses in North Carolina are being affected as well. Here's what we know so far➡️ https://t.co/O899I5cHyZ

— FOX 46 Charlotte (@FOX46News) February 26, 2021
Word from San Antonio, TX: "Just at Mc D's for "fast food Friday," her in SA , Texas We went to two of them and both only accepted cash, They can't take card or debit even. So must be true."



UPDATE 7:15 PM EST --

From a listener: "just came from burger king, cash only."

link ("https://halturnerradioshow.com/index.php/en/news-page/world/global-outage-of-visa-and-mastercard)

I just ordered something on line and it went thru with a visa

[ziero0]

Two stores in Arizona. One accepted plastic but ran a backup strip (haven't seen one used in ten years). The other store cash only.

Plastic still worked at Walmart.

[Shami-Amourae]

Shami has been right about investing in bitcoin and there was a time I could have bought a lot of them but didn't.


You're not late. We're in maybe the 2nd or 3rd inning of this game. As long as you get into the right projects, or are okay holding Bitcoin long term you should do good. Ethereum is potentially going to MySpace itself, so pay attention to viable alternatives:
http://gold-silver.us/forum/showthread.php?103424-Cardano
http://gold-silver.us/forum/showthread.php?102674-Polka-Dot-The-New-Ethereum

Bitcoin realistically will hit $1 Million in 10 years max. Likely sooner.

Gold has been going sideways for over 10 years now since people are switching to the digital economy. The old school notion that we'll return to a Gold Standard is retarded. Gold will become an INDUSTRIAL metal, like Silver is, and not go up too much in value, though it's still a good hedge if you want something with stable value in the short to medium term. Gold will become hyperinflationary in time as technology and automation improves and it will lose its purchasing power over time. I'm not joking. It's a hard truth to swallow but it's the new reality of the new digital world.


The whole "collapse SHTF" stuff is bullshit IMO. The rich people won't allow that to happen widespread, but they will do it in small regions like what happened in Texas recently to fuck with people they don't like. There's going to be so many poor people created by automation wages will drop down to nothing and people will fight for the remaining few jobs.

Robots will take your jobs, not Beaners

https://www.youtube.com/watch?v=g6zv8IYFxcY

I do a lot of hydroponics and have been mastering doing that with automation. I'm mixing my computer knowledge with gardening, and it's pretty exciting and interesting as I'm developing new techniques.


FOLLOW AND LISTEN TO CYPHERPUNKS
The Right and Left do not serve you. Only Cypherpunks are fighting for a better world in the digital age. We are the actual good guys.

[midnight rambler]

A lesson learned from the recent power outages in Texas: when the lights go out cryptocurrency is totally worthless.

Now if you cryptocurrency people can manage to get your cryptocurrencies tied to gold/silver/any other widely accepted substance/value/local currencies then you *may* be able to pull us out of the abyss (BIG maybe). However ANY solution which is not spiritually based is doomed to failure simply because we're in a spiritual battle, anyone who doesn't see this and act accordingly will be suffering the consequences, and it will get fucking ugly for them.

[Shami-Amourae]

A lesson learned from the recent power outages in Texas: when the lights go out cryptocurrency is totally worthless.

Apparently you've never heard of smartphones and Elon Musk's Starlink.
I can still access my crypto from my smartphone and pay with it.


https://www.youtube.com/watch?v=Aw3R-4UC4wI

Tesla is already solving the power problems too:

https://www.youtube.com/watch?v=5l2UrwzYbbo

[midnight rambler]

Musk is just pushing another flavor of the soulless technocracy enslavement, plus he’s fucking up the heavens by building a modernized version of the Tower of Babel.

Either God is God or man is god.

Musk has a sexy plan to waste resources developing a planet which has no atmosphere to support fauna and flora...why not work on fixing the issues with the planet we’re on?? ???

[Shami-Amourae]

Musk is just pushing another flavor of the soulless technocracy enslavement, plus he’s fucking up the heavens by building a modernized version of the Tower of Babel.

Either God is God or man is god.

Musk has a sexy plan to waste resources developing a planet which has no atmosphere to support fauna and flora...why not work on fixing the issues with the planet we’re on?? ???

Join the future, or have a boot on your neck for eternity.

https://www.youtube.com/watch?v=xBeoreJr4Yc

[midnight rambler]

Join the future, or have a boot on your neck for eternity.

You're seriously deluded, much like those pushing technocracy*, eternity will not be spent here on this earthly plane, eternity will be spent in either Heaven or in Hell.

*if any solution proposed/pushed is not in harmony with the Laws of Nature and of Nature's God then that solution is doomed to failure and it's proponents are very likely to find themselves cast out forever (eternity)...oops...big oops

[ziero0]

"I can still access my crypto from my smartphone and pay with it."

An illusion. A FRN cannot pay a bill and extinguish a contract. Neither can a bitcoin.

In the scenario where you walk into a grocery store, pick up a loaf of bread, stop at the cashier and complete the purchase and walk out of the store with your 'purchase'. The ownership of the bread remains as if you had never picked it up. Likely the owner will never be found. Certainly the grocery store is not the owner. The situation is as if the bread itself is non-existent (which it actually is without an owner...it is a chose in action).

So pretend all you like that bitcoin has some form of value. Value has no existence in communism. The only things you can own are those things you create yourself.

This hold for both bitcoin and FRN.

[ImaCannin]

Apparently you've never heard of smartphones and Elon Musk's Starlink.
I can still access my crypto from my smartphone and pay with it.

Tesla is already solving the power problems too:
]

How do they get satellites past the Van Alan Radiation belt?

[Shami-Amourae]

Apparently you've never heard of smartphones and Elon Musk's Starlink.


https://www.youtube.com/watch?v=FAU-XkJEsAk