this post was submitted on 03 Feb 2025
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chapotraphouse

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[–] FuckyWucky@hexbear.net 44 points 3 days ago* (last edited 3 days ago) (2 children)

Musk wants to replace US fed/treasury Payments system with blockchain. how? shrug-outta-hecks

COBOL is widely used in US Financial system

https://www.wealthsimple.com/en-ca/magazine/cobol-controls-your-money

[–] SoyViking@hexbear.net 38 points 3 days ago

He is literally one of the dumbest men alive.

This can end in three ways:

  • Realising how stupid the idea is, someone smile tly kills the project before it does any harm
  • Realising how impossible the project is, the goalposts are moved until they end up just slapping a dogecoin logo on existing systems.
  • Being incredibly stupid they actually produce some shitty system that doesn't work. Major economic disruption ensues.
[–] sleeplessone@lemmy.ml 24 points 3 days ago (1 children)
[–] merthyr1831@lemmy.ml 11 points 3 days ago

A guy who fired an employee who gently explained that he was wrong about his assumptions on how the home page was loaded.