How do newer banks do it? It certainly doesn't take 100 years to bootstrap a bank. I also mathematically can't get behind the concept of reproducing a known state taking longer than the time it's taken to get to it.
I can't find the post now, but some folks from the US govt who frequent HN talked at length about the ongoing replacement of mainframe-type services with newer tech. What I gathered from that is that the cost isn't ridiculously low at all when you take into account the impact it has on the organization's ability to get things done.
I can't find the post now, but some folks from the US govt who frequent HN talked at length about the ongoing replacement of mainframe-type services with newer tech. What I gathered from that is that the cost isn't ridiculously low at all when you take into account the impact it has on the organization's ability to get things done.