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It might have been. Y2K Stands for year two thousand. The old computers went from 1997 to 98 to 99, and 00 is an invalid date. Basically all the computers in the world would have shut down, and yes, that includes the bank computers. It would have been a major problem because basically everyone would be bankrupt at the stroke of midnight on January 1st 2000. Scary, no?

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Q: Why was y2k a major problem?
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