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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 494.42+3.8%Jan 28 4:00 PM EST

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To: TobagoJack who wrote (147141)3/20/2019 12:21:35 PM
From: Maurice Winn  Read Replies (2) of 219856
 
MySpace lost information = So much for the idea that "once it's on the internet it's there forever " even if you try to keep it there.

Speaking of a zero event in the banking space, yesterday I was settling payment for a house. I had moved NZ$1.4million from my bank to my lawyer's ANZ bank account .

The lawyer tried to pay the vendor's lawyer but ANZ computers crashed and were down for a couple of hours.

Thumb twiddling time and anxiety.

I used to watch our son run a fleet of servers. In 10 years we had only a couple of "going down" events due to our servers going on the blink. He had designed and built a really robust system including distributed denial of service attack rejection.

That ANZ failure was a very big deal for ANZ. People really dislike their money going"poof". I was already irate that the bank took a big stack of cash for turning my US$ into NZ$. I can imagine the blood pressure rise in ANZ and distributed denial of calm in ANZ customers and me and counter parties.

I am keen for currency swindling and offline and "poof" to be obsolete . I had better get on with the job which has been 20 years in the making and 40 years in the pondering.

Bitcoin is sort of on the right track but is a bung design.

Maybe this latest financial insult will get me moving seriously.

Mqurice
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