The Fed Is ‘Down’
It appears that The Fed is “down” as all FRB Servcies are currently offline including ACH and FedWire…
Translation: the official establishment-sanctioned method of transferring money in America is currently offline!
If only there was an alternative method to transfer value over the internet… for free?
The question is – what is broken at The Fed (and was it the Russians?)
Janet Yellen: #Bitcoin is inefficient.
Today: Federal Reserves payment system Fedwire goes down, freezing wire transfers between banks.#Bitcoin doesn’t go down.
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) February 24, 2021
Wed, 02/24/2021 – 13:21