BANK OUTAGES WORLDWIDE By for Giza Death Star
Yesterday you might recall I blogged about the latest gimick of the Central Banksters in their push for Central Bank Digitial Currencies (CBDCs) being programmable digital currencies, a technology effectively giving them control not only on how the “money” is spent, but also the value of that money, on a case-by-case basis. In that blog I pointed out that the problem with such a system is its reliance on electronic technology.
Imagine, say, a hardware store in the 1930s, and the power suddenly goes out just as customers are lined up at the cash register to make some purchases. It’s no problem for our hardware store owner. He simply lights a kerosene lamp or two from his inventory, rings up the purchases into his hand-crank cash registers, and takes the money and counts back the change. Imagine the same hardware store owner in, say, 2030. The power goes out, his cash register is down and unable to function, so he lights his kerosene lamps, gets out his abacus, calculates the total costs of purchases, but no one can buy anything because the power is down system wide. A few hours later, the power is back on (temporarily, because the energy used by the central banks for their digital currencies is consuming a lot of power). People line up to purchase kerosene lamps to light their homes, only to discover that they are not allowed to purchase the kerosene lamps because, after all, these are signs that the purchasers might be “preppers” and planning some sort of “insurrection.”
You get the idea.
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Well, it seems in a certain sense the latter scenario is already happening, according to this article shared by B.:
Note this:
There’s never a good time for your bank’s IT system to go down. But few can be worse than in the middle of a lockdown. It’s difficult to leave home, your local branch may not be open, and as a result you are more reliant than ever on digital banking services. In New Zealand, now in its seventh week of nationwide lockdown, one of the country’s largest lenders, Kiwibank, went down on Tuesday, leaving many of its customers in the lurch. It is one of a string of IT outages the bank has suffered over the past three weeks, after a DDoS attack on New Zealand’s third largest Internet provider caused IT crashes at a number of lenders, including Commonwealth Bank and Anz Bank.
