GM My too-big-to-fail bank has been locked out of doing wires today due to some vendor technical issue. Meanwhile, magical internet money continues to flow.

Replies (32)

It's funny. "Too big to fail" doesn't mean they won't go bust, just that they'll debase the holders of the currency to clean up the mess.
Lyn Alden's avatar Lyn Alden
GM My too-big-to-fail bank has been locked out of doing wires today due to some vendor technical issue. Meanwhile, magical internet money continues to flow.
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GM. When your “bank” is just a Java monolith duct-taped to COBOL, outages are a feature. Bitcoin keeps ticking with no customer support hotline
Knightstr's avatar
Knightstr 11 months ago
If tether is able to offer a yield on dollar stable coins…. Where will banks get their deposits? Regulation that keeps them from doing so here just makes yield-bearing products overseas more competitive
 Bitloops's avatar
Bitloops 11 months ago
It writes itself, doesn’t it? 🧡
Daniel's avatar
Daniel 11 months ago
Yeah my bank had a banner at the top of their app yesterday. Something about a vendor related credit and debit card issues. I barely read it and just rolled my eyes.
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npub12e8a...9crf 11 months ago
Entao desceram os amalequitas e os cananeus, que habitavam na montanha, e os feriram, derrotando-os ate Horma. #Entao #desceram #os #amalequitas #e #os #cananeus, #que #habitavam #na #montanha, #e #os #feriram, #derrotando-os #ate #Horma. Luego descendieron a los amalequitas y a los cananeos, que habitaban la montaa, y los hirieron, derrotndolos a Horma. #Luego #descendieron #a #los #amalequitas #y #a #los #cananeos, #que #habitaban #la #montaa, #y #los #hirieron, #derrotndolos #a #Horma. Ensuite, ils sont descendus les Amalequites et les Cananens, qui habitaient la montagne, et les ont blesss, les battant Horma. #Ensuite, #ils #sont #descendus #les #Amalequites #et #les #Cananens, #qui #habitaient #la #montagne, #et #les #ont #blesss, #les #battant # #Horma. Quindi scendettero gli Amalequiti e i Cananei, che abitavano la montagna e li ferirono, sconfiggendoli con Horma. #Quindi #scendettero #gli #Amalequiti #e #i #Cananei, #che #abitavano #la #montagna #e #li #ferirono, #sconfiggendoli #con #Horma. Then they descended the Amalequites and the Canaanites, who inhabited the mountain, and wounded them, defeating them to Horma. #Then #they #descended #the #Amalequites #and #the #Canaanites, #who #inhabited #the #mountain, #and #wounded #them, #defeating #them #to #Horma. Dann stiegen sie die Amalquiten und die Kanaaniter ab, die den Berg bewohnten, und verwundeten sie und besiegten sie zu Horma. #Dann #stiegen #sie #die #Amalquiten #und #die #Kanaaniter #ab, #die #den #Berg #bewohnten, #und #verwundeten #sie #und #besiegten #sie #zu #Horma. Kisha wakashuka Waamalequites na Wakanaani, ambao walikaa mlima, na kuwajeruhi, wakawashinda kwa Horma. #Kisha #wakashuka #Waamalequites #na #Wakanaani, #ambao #walikaa #mlima, #na #kuwajeruhi, #wakawashinda #kwa #Horma. Kemudian mereka turun ke Amalequites dan orang Kanaan, yang mendiami gunung, dan melukai mereka, mengalahkan mereka untuk Horma. #Kemudian #mereka #turun #ke #Amalequites #dan #orang #Kanaan, #yang #mendiami #gunung, #dan #melukai #mereka, #mengalahkan #mereka #untuk #Horma.
Bewlay's avatar
Bewlay 11 months ago
Ah the old “vendor technical issue “ gag
Isn't it funny how decentralization works, and centralization doesn't work?
Lyn Alden's avatar Lyn Alden
GM My too-big-to-fail bank has been locked out of doing wires today due to some vendor technical issue. Meanwhile, magical internet money continues to flow.
View quoted note →
McAnderson's avatar
McAnderson 11 months ago
GM My too-big-to-fail bank has been locked out of doing wires today due to some vendor technical issue. Meanwhile, magical internet money continues to flow.
It’s a very comforting feeling knowing that the bulk of your wealth is protected behind a massive zettahash powered digital vault!