The Fed is "down" as all FRB Services are currently offline including ACH and FedWire
The Fed issued a brief statement:
“The Federal Reserve Bank staff is currently investigating a disruption to multiple services. We will continue to provide updates as soon as they are available."
The Fed is "down" as all FRB Services are currently offline including ACH and FedWire... The official establishment-sanctioned method of transferring money in America is currently offline!
The Bitcoin Archive issued a brief statement:
#Bitcoin is inefficient.
Today: Federal Reserves payment system Fedwire goes down, freezing wire transfers between banks.
#Bitcoin doesn't go down.
Who will get blamed for the outage and what action will Biden take, we already know that prior to the inauguration the Biden administration was setting Russia up as the fall guy based on the SolarWinds hack, and yesterday announced they are preparing to sanction Russia for the hack.