pandemic to protests---what threat do Hackers pose to global economic stability? Could a Hacker bring down the Global Economy?...Or what IF we shift to this Digital Currency and a Hacker brings all crashing down?...hmmm...And that no man might buy or sell, save he that had the mark,... Revelation 13:17... some sort of economic catastrophe must play a role in the end to cause an entire political economic adjustment to our system......doesn't mean Hackers have any part in the catastrophe...but who knows?
"You remember from a few years back that some hackers managed to get a hold
of the Swift [Society for Worldwide Interbank Financial
Telecommunication] credentials of Bangladesh Bank, the central bank of
Bangladesh, and caused several tens of millions of dollars to disappear
from Bangladesh Bank’s master account at the Federal Reserve Bank of New
York.
Some of the money was recovered, but some of it seems to have
disappeared into casinos in Macau—walked out the door and was never
recovered. In this case it was not a failure of the Federal Reserve.
Someone managed to get access to the Swift credentials of a bank that
had an account at the Federal Reserve, and they drained that bank’s
master account.
Almost all U.S. Treasuries do not exist in the form of a paper
certificate—over 99.9% of them exist purely in electronic form. And
Treasuries are the beating heart of the global financial system. Every
country has its inventory of U.S. Treasuries. Treasuries are used as
collateral for everything.
And yet, if you ponder that they exist entirely in electronic form,
you’ve got to really start worrying about that electronic form.
The thing that I think worries me more is, could it
systematically be corrupted by a hacker?
So instead of having confidence
in who is the beneficial owner of 
every Treasury, [you might wonder] in
whose possession is that Treasury at every moment in time?
Because
that’s the core of the financial system: moving Treasuries around. But
when you think about it, the Treasuries are electronic—they’re not
actually being moved in physical space; there’s just a computer
somewhere that’s keeping track of who owns them.
And if someone could
get into that record and cause us to lose confidence in who owns the
Treasuries, that would be, I mean—it’s so hard to even think about that
outcome—it would be so extreme and so dire."
BloombergMarkets
