Federal Reserve Systems Go Down.

The Federal Reserve’s systems went down earlier today, helping prove why Bitcoin is best:

https://cointelegraph.com/news/all-of-the-federal-reserve-s-wire-and-ach-systems-are-down

Nearly all of the services available through the Federal Reserve’s online portal went down for more than an hour today.

According to the Federal Reserve Bank Services website, the bank is currently experiencing a disruption in its Check 21, Check Adjustments, FedLine Advantage, FedLine Command, FedLine Direct, and FedLine Web services, which started at 6:18 PM UTC today. Its FedACH, Central Bank, FedCash, Fedwire Funds, Fedwire Securities, and National Settlement services went offline at the same time but were restored within two hours.

In addition, most of the access solutions that the Fed offers — FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web, FedMail — were disrupted and later restored, with only FedLine Advantage offline at the time of publication. The FedMail system, which stayed online through the service disruption, allows the central bank to provide updates on its services to participating organizations.

Washington Post reporter Rachel Leah Siegel reportedly received an alert from the Fed saying its staff were “currently investigating a disruption to multiple services” and would “continue to provide updates as soon as they are available.”