Change of the century panic?

Question

How come when it was going to change to the year 2000, everybody thought that all of the computers were going to crash? Why did they think that?

Answer 1

http://en.wikipedia.org/wiki/Y2K

Answer 2

They believed that computers were not set up to register the number 2000 on their programming and that the systems would freeze up or log on as 1900. This would have created all types of problems in banking and accounts, and data set ups.

Answer 3

b/c they thought computer would go back to the year 1000 instead of 2000, basically restart all over again.