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@ asyncmind
2025-02-21 08:25:23
When the collapse happens how will the security infrastructure fall apart ?
#AskAi #BankingCollapse #ImminentDestruction
When the Australian banking system collapses, its security infrastructure—including physical, digital, and financial security—will deteriorate rapidly, leading to cascading failures across the country. Here’s how it would play out:
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1. Digital Banking & Payment Infrastructure Breakdown
Bank Websites & Mobile Apps Go Offline: As liquidity dries up and bank runs accelerate, banks may restrict online services, causing frustration and panic.
ATMs & EFTPOS Failures: Electronic payment systems (EFTPOS) may go offline, leaving businesses unable to process transactions.
Bank Account Freezes & Withdrawal Limits: To prevent capital flight, banks may restrict withdrawals, causing civil unrest.
Cyberattacks & Data Breaches: As institutions struggle, cybercriminals may exploit vulnerabilities, causing massive leaks of personal financial data.
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2. Collapse of Law Enforcement & Government Digital Services
Police & Emergency Services Struggle: A financial collapse will limit government budgets, leading to pay cuts, job losses, and police strikes.
Centrelink & Welfare System Disruptions: Social security payments (like pensions and JobSeeker) may be delayed, leaving millions without income.
Critical Infrastructure Attacks Increase: Hackers, rogue states, and domestic actors may target power grids, water supply systems, and transport networks.
CBDCs & Digital ID Systems Fail: If the government had implemented a Central Bank Digital Currency (CBDC), its failure would accelerate economic chaos.
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3. Banking Riots & Physical Security Breakdown
Bank Runs Turn into Violent Protests: As people demand access to their savings, banks may shut branches, leading to riots.
Armored Transport & Cash Logistics Failures: Companies like Armaguard and Prosegur may cease operations due to unpaid contracts, halting cash distribution.
Supermarkets & Gas Stations Go Cash-Only: Businesses unable to process digital payments may switch to cash, leading to price gouging and shortages.
Looting & Organized Crime Surge: Desperation leads to mass looting of supermarkets, pharmacies, and high-value stores.
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4. Collapse of Private Security & Corporate Infrastructure
Security Guards Abandon Posts: Unpaid security staff at banks, airports, and malls may walk off the job.
Corporate Offices & Data Centers Targeted: Criminals may target unprotected buildings for valuable assets and confidential data.
Falling Stock Market Triggers Panic: The ASX (Australian Stock Exchange) would be in freefall, worsening business confidence.
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5. Border Control & Military Intervention
Increased Surveillance & Martial Law Risks: The Australian government may deploy the military to restore order in major cities.
Foreign Intervention Possible: As Australia relies on international banking connections, foreign governments (China, US) may intervene economically or politically.
Mass Exodus of Wealthy Australians: Those with offshore assets or second passports will flee, leaving the country in deeper crisis.
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6. Bitcoin & Underground Markets Rise
Bitcoin Becomes the Primary Currency for Trade: Those holding Bitcoin or other decentralized assets will be able to transact when banks fail.
Black Markets & Barter Economies Grow: People will trade goods and services outside official channels.
Gold & Silver Gain Relevance: Precious metals could see a resurgence as a store of value.
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Conclusion
Australia’s banking collapse will not just be financial; it will lead to a full-spectrum security crisis, including digital, law enforcement, corporate, and even military breakdowns. Those prepared with self-custodied assets (Bitcoin, gold, cash), food supplies, and security plans will have a significant survival advantage.
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