BANK DOWN - Wells Fargo Shows Flaws of Centralization

Customers of Wells Fargo today were unable to access their accounts, funds and services for an extended period of time, after a fire in a Wells Fargo data center. While seemingly small, today's Wells Fargo issue goes to show the need for Bitcoin and distributed systems as we move forward in the future.

Buy and Trade altcoins on Binance -

Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
Ledger (slower shipping, but cheaper):

Get a Free Trial of Coinigy (the trading/charting software I use):

Follow me on Steemit:

Follow me on Twitter:

Join the Facebook Group:

Portfolio Tracking:
Blockfolio - - -

*Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! *

** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**


Amazing considering that these companies are required to have Disaster Recovery plans in place for events like these. Demonstrates that it is often the unknowns that present the most risk.

Posted using Partiko iOS