Bank Customers Suddenly Realize They’ve Been Paying Banks to Store Their Money for Years and It Was All a Huge Scam

Crypto News News Retail Investors Sam Rogers October 5, 2024

A comic illustration depicting a bank vault door swinging open to reveal an empty space where money was supposed to be stored. A few coins are scattered on the ground outside the vault, while others float away in mid-air as if being blown by wind.

The irony is thick as a blockchain in this tale of Bank of America’s nationwide outage that left thousands with a $0 balance on their accounts. Meanwhile, Bitcoiners are still busy convincing us all to self-custody our funds because… well, you know why – it’s just numbers on a computer created from nothing! And yet, when the bank has an IT glitch and suddenly everyone is freaking out about losing access to their money, those same crypto enthusiasts can’t stop gloating. ‘Told ya so!’ they cry, like some sort of digital Cassandra shouting warnings that no one ever listens to because we all know it’s just a bunch of hype and nonsense.

Source: cointelegraph

Bank of America customers see $0 balances amid nationwide outage

https://cointelegraph.com/news/thousands-of-bank-america-customers-report-network-outages

Thousands of Bank of America customers reported a network outage that prevented them from accessing their bank accounts or displayed a $0 balance. Reports of service issues began about 4:26 pm UTC on Oct. 2 and peaked an hour later with almost 18,000 Bank of America customers reporting issues within a 15-minute interval, according to data from real-time network outage platform Downdetector. Number of Bank of America outage reports over […]

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Banking Customer Service Network Outage

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Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Bank Customers Suddenly Realize They’ve Been Paying Banks to Store Their Money for Years and It Was All a Huge Scam

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