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The FED Is Down…All Money Transfers Halted
PP ^ | 2.24.21

Posted on 02/24/2021 11:16:34 AM PST by spacejunkie2001

click here to read article


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To: blueyon

So now banks and other firms will levy gazillions in ‘payment declined’ fees.


21 posted on 02/24/2021 11:25:44 AM PST by pierrem15 ("Massacrez-les, car le seigneur connait les siens" )
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To: Mount Athos

I guess stockpiling those cases of MRE’s was a good idea.


22 posted on 02/24/2021 11:25:47 AM PST by offduty (Joe Biden, Commander in Thief)
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To: Disambiguator

“A reminder that #Bitcoin never goes down.”

https://www.bitcoininsider.org/article/106037/exchange-demands-users-return-bitcoin-bought-6k-during-tech-glitch

An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened.

One of Southeast Asia’s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to 300,000 Philippine pesos, roughly $6,100, on Feb. 16.

An unknown number of customers of the Philippine Digital Assets Exchange, or PDAX, managed to buy thousands of Bitcoin (BTC) from the exchange at a massive discount, making them local currency billionaires on paper — at least for a few hours.

A number of PDAX customers withdrew their purchased Bitcoin up to the exchange’s limit on individual accounts of 1 BTC per 24 hours. PDAX is reportedly demanding these users refund BTC obtained during the crash under the threat of potential legal action.

The tech glitch led to a 36-hour closure, and several users continue to report remaining locked out of their


23 posted on 02/24/2021 11:25:55 AM PST by TexasGator (Z1z)
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To: Mount Athos

24 posted on 02/24/2021 11:26:22 AM PST by EEGator
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To: spacejunkie2001

I will have to see what Liz Clamen is wearing today


25 posted on 02/24/2021 11:26:40 AM PST by al baby (Hi Mom Hi Dad)
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To: TexasGator

Mt Gox


26 posted on 02/24/2021 11:28:09 AM PST by BiglyCommentary
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To: HombreSecreto

I like me some Spam, eggs, sausage and Spam. That’s not got much Spam in it.


27 posted on 02/24/2021 11:28:09 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: spacejunkie2001

CHY NA !!!!!


28 posted on 02/24/2021 11:28:20 AM PST by al baby (Hi Mom Hi Dad)
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To: offduty

I am guessing it was tongue in cheek, but dehydrated long term food storage is a much smarter play than MRE’s (very overpriced meals) for “food insurance”.

Just saying.


29 posted on 02/24/2021 11:29:08 AM PST by volunbeer (Find the truth and accept it - anything else is delusional)
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To: C210N

https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html

https://cointelegraph.com/news/all-of-the-federal-reserve-s-wire-and-ach-systems-are-down


30 posted on 02/24/2021 11:29:43 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: cuban leaf

Those are all second hand info sources. Go here:

https://www.frbservices.org/app/status/serviceStatus.do


31 posted on 02/24/2021 11:31:10 AM PST by BiglyCommentary
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To: Disambiguator

Think how much money the country will save while the Fed is down.


32 posted on 02/24/2021 11:31:37 AM PST by moovova (Yo GOP....we won't forget.)
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To: nevergore

Naw. According to the articles, “The statement further noted that the glitch impacted payment deadlines and said the Fed “will communicate remediation efforts to our customers when available.”

See, it’s just a glitch.


33 posted on 02/24/2021 11:31:48 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: spacejunkie2001

Apparently, it has been handled/corrected.

https://twitter.com/bcheungz/status/1364655513561141252?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet


34 posted on 02/24/2021 11:31:50 AM PST by Grampa Dave (History, as we know it, is written by the winners not losers! Who is rewriting our history, now????)
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To: spacejunkie2001

Mexico will starve


35 posted on 02/24/2021 11:32:06 AM PST by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity. )
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To: offduty

I guess stockpiling those cases of MRE’s was a good idea.


Plus, they’re delicious!


36 posted on 02/24/2021 11:32:32 AM PST by cuban leaf (We killed our economy and damaged our culture. In 2021 we will pine for the salad days of 2020.)
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To: volunbeer

The MRE’s were my COVID emergency rations, but you are correct on the dehydrated food. My problem is I haven’t been able to find much online. It seems everyone has the same idea.

Now if I could only find reasonable 9mm, I’d be golden.


37 posted on 02/24/2021 11:34:28 AM PST by offduty (Joe Biden, Commander in Thief)
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To: cuban leaf

Don’t forget the strawberry tart!!


38 posted on 02/24/2021 11:35:24 AM PST by freedomlover
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To: spacejunkie2001

wednesday is the clearing day for the EFT from the prior friday payments at my last job. approx 100M


39 posted on 02/24/2021 11:35:56 AM PST by kvanbrunt2
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To: spacejunkie2001

China’s been in charge of the USA for just over a month and already everything is breaking.


40 posted on 02/24/2021 11:35:59 AM PST by pepsi_junkie (Often wrong, but never in doubt!)
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