Argentine Banking system burnt - financial records destroyed

[chessnut]

http://www.zerohedge.com/news/2014-02-05/argentine-banking-system-archives-destroyed-deadly-fire

This is really interesting to read. Obviously they had a lot of documents they didnt really want.

This will drive technology for better banking systems - Bitcoin would not have failed in this situation, the age of paper is over.

The times are pretty exciting......

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[conspirosphere.tk]

that's another thing that can't happen with a blockchain.

[jcoin200]

Wow, their specialized fire protection system failed...how convenient.

[yatsey87]

Wow, their specialized fire protection system failed...how convenient.

This is ripe for conspiracies.

[glendall]

Coming To A Country near you.  This will happen a lot more in 2014, just wait and see.

And folks, keep in mind much of the same thing happened in America, in 2008.  Read up on it, tons of documents were destroyed in the few days before the shit hit the fan. (Okay so it wasn't a fire, but same situation. Documents are destroyed, deleted and purged 'by accident' all the time). And you can't really audit a bank that controls such a big piece of all the currency ever made. In many cases there wasn't even documents in the first place, or the documents were forgeries / made up after the fact.

[jago25_98]

iron mountain have been accused of burning client docs before - anyone have a link for that?
it seems its the bank rather than the country.

[stompix]

Article write with FUD distribution plan.

It's not even clear which banks (if any) had archives there , and it just means that one of their back-ups were destroyed (if).
Also , it's not the first time this happens , not even with this company .