FBI warns of massive ATM heist

If a repeat of the euro bank safu happened here I have a safe deposit box, my gun show cash box (but it is full of mostly stripper pay, change,1s, 5s, few 10s no 20s and more than $300 total), a visa, master card and American express with very little if any monthly carry over ballance.
Chances are it wouldn't effect all those institutions.
The gun show cash box would last a week or 2 no problem. The safe deposit box I could go 6 months to a year on.

 

I bet there is a run on the banks if this goes on the main stream media.

 

maybe that's the plan, let it leak out, cause a run and then call a bank holiday.

 

I just read the story on Fox News, so I must retract my "fake news" statement. It is puzzling. If I owned the ATM I would lower the cash Inventory for a while. Regardless of the hack, the ATM's will not just empty themselves in one or a few transaction. There is a limit to the number of bills they can disburse in one transaction. Secondly, we always filmed ever bill that went into our ATMs. Just ran them through a high speed microfilm machine. Last of all, if each ATM contained $50k you are going to have to hit 20 of them to get a million with nobody else in line and getting your picture taken every time. Stupid idea IMO.

 

Well, if they are going to do it, I hope they do it soon. Right now is a great time for someone to steal the funds from my account. Ain't nuttin' in them to take.

 

Looks like a good day to hit up the ATM and buy some gold.

 

I don’t think safety deposit box’s are safe when you have a bank holiday.

 

You know, I bet a simple piece of tin foil would do the same thing, but need something stiffer about the same size of credit card as I don't want to change my wallet or perhaps a sleeve for it to go into. I will have a look on Amazon.

 

I admit it. I had to look that one (ASPCA) up. LOL! I've had my head filled with so many acronyms that I stopped remembering them, buffer overload. LOL!

 

Anything?
No?

 

The aim eventually is to go paperless, that way the government has access to your money like they did in Grease .
If you borrow money, it is created out of thin air, .but it is a debt you now owe ,so basically the borrower creates money . Or am I missing something?
What do banks do when their money/cash is stolen ?

I see that there are already lending agencies that do not use or accept cash, but demand other forms of transfer .Problem I see there is trusting such with your bank information and that has access to your whole account. not an acceptable gamble .
My friend plays a game that she has to buy coins to participate her one time purchase $19.95 had been fraudulently re charged several times and we had to go to the bank and file a claim . and it is not the only one we had to deal with there were more.
Electronic access is getting worse not better.
Paper money is still the better alternative even though it is being deaminized by those that want access to it in electronic means .