Bitcoin Community Takes Notice When Wells Fargo Experiences System Shutdown in the US


One of the most important banks in the United States, Wells Fargo, is currently experiencing a ‘system issue’ that is affecting the normal functioning of their services. The information was released by Wells Fargo on February 7 on Twitter.

According to Wells Fargo, its customers are currently experiencing some problems with online banking and mobile app services. At the same time, it seems that ATMs are also affected by this issue, as well as debit and credit card systems.

Some users are currently uploading pictures on Twitter regarding the messages that are displayed on their accounts when they try to enter.

“We’re sorry. Wells Fargo Mobile Banking is temporarily not available. Please try again later or call 1-800-956-4442.”

Anthony Pompliano, Founder and Partner at Morgan Creek, said in a twee that Bitcoin never shuts down, after mentioning that Wells Fargo’s system is shut down.

He has also added an image in which a banker says that this is not FUD and that one of the managers of the bank said that the problem was nationwide. Apparently, the ATMs are not displaying balances and bankers cannot make changes on anyone’s accounts.

“Love having first-hand experience with the inefficiencies in banking!” said the banker.

Bitcoin is impossible to be shut down. Even if a country turns off the internet for a few hours, there are other countries that can turn on their mining rigs and set up nodes to keep the network running. Moreover, if there is a problem, nodes can be set up via satellite, thus making it almost impossible to shut the whole network down.

Bitcoin has been operative during the last 10 years and it has never suffered or experienced such a similar situation.

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