A major IT outage hit big banks last week. It was a mess. JPMorgan, Chase, Bank of America, and Wells Fargo all had issues. Shytoshi Kusama, the main brain behind meme coin Shiba Inu (SHIB), says we need a new solution. He's pushing for a web3-based operating system.
Kusama posted on X about the outage. He didn't mince words. "As the world [limped toward] the weekend crippled by one simple update, it becomes glaringly obvious that a new worldwide operating system is needed," he said.
He wants something decentralized. No central authority. Just web3 tech.
The outage wasn't a small hiccup. It was linked to an update for Windows by CrowdStrike, a cybersecurity firm. Their software is used globally.
Bank customers couldn't log in. They couldn't transfer money. Deposits were a problem too.
Kusama says SHIB developers have been busy. During the bear market, they've been working on a system to handle these kinds of outages.
"Luckily for innovators, and the world at large, during the bear market, our large decentralized community of builders and believers have been working on systems for just this occasion," he explained.
He's confident about SHIB's role in the future. "As the inevitable toll of a global outage of critical infrastructure is tallied in a loss of funds and lives, we will lead the conversation of exactly why web3 is the future and the Shiba Inu ecosystem is the operating system of that future," Kusama stated.
SHIB's price isn't doing too shabby. It's trading at $0.00001816, up a bit in the last day.
The idea of a web3 OS is out there. But with recent tech fails, who knows? It might catch on.