The Crowdstrike Situation Is INSANE (Crypto Can Solve It)

    A CrowdStrike Update Crippled several institutions, including banks, government offices and airports. Learn how crypto can prevent another global outage.

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    00:00 Introduction
    00:40 What happened?
    01:37 What exactly is CrowdStrike
    04:55 Decentralized Networks Can Help

    #bitcoin #crypto #investing #cryptocurrency #cryptocurrencies #altcoins #cryptobullrun #ethereum

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    Disclaimer
    Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

    21 Comments

    1. Lark, Love you and your channel. I could be wrong, but I think your analogy isn't accurate. Crowdstrike is to the faulty code update as Bitcoin is to a faulty upgrade. It wasn't the Crowdstrike server that went down, it was the application/program. Crypto blockchains crash from over use or a bad upgrade too… happens to Solana all the time and the Bitcoin block chain gets overwhelmed during peak usage. Crypto forks happen due to program mistakes. Decentralization isn't quite the answer to what happened is it?

    2. Unfortunately, This cannot be prevented. we were lucky the nodes didnt use that software. otherwise, they'd go down.
      in future , the risk remains equally same for any system! it could be a mac's update, or windows update or linux update. could be anything that is automatically updated.

    3. Wow, just watched an eye-opening analysis of Bitcoin's latest price twists. It's amazing to see the impact of funding rates, media hype, and big players' actions on the market. This crypto journey is full of surprises, and insights like these are invaluable. It really highlights the power of technical analysis in navigating these waters. For anyone on the fence, now's a thrilling time to dive in and potentially ride the wave to success. The market's complexities are daunting, but also full of opportunities for the savvy investor… In the complex world of cryptocurrency investment, having a knowledgeable guide is essential. Sandy Barclays experience in this field has been crucial for many. With her advice, it's been possible to grow a nest egg of around 100k to over 572k in a matter of months.

    4. It wasn't Clowdstrike! We in Australia had blue screen almost a full day before the so called update was rolled out. The only thing in common was Microsoft OS. Criwdstrike are just the ones taking the fall…how much Bill Gates is paying them we will never know!

    5. Hello, good time, I have some Ethereum-based rendering currency in the Ledger Nano X wallet, according to the rendering team's announcement, this currency migrates to the Solana platform, how can I transfer this currency to the Solana platform?? Or will it be transferred automatically? Thank you for your advice

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