Legacy Financial System

topic on 2 shows · 2 statements across 2 episodes

Sourcery Big Technology

2 statements about Legacy Financial System, every show

SOURCERY Assertion Partly supported
Armstrong: Legacy finance relies on outdated 1990s COBOL mainframe code
“Our financial system is the legacy financial system is it's slow. It's creaky. It's old. You know, in many cases it's built on code that was written like in the nineties and COBOL and like these kind of mainframe computers. And a lot of that stuff just Hasn't …”
Brian Armstrong Jun 26, 2026 ▶ 8:10 Brian Armstrong: Rebuilding Coinbase Around Intelligence · Sourcery with Molly O'Shea
Vlad Tenev: Bitcoin requires legacy financial system integration to survive long term
“I think to some extent, like in order for it to be successful, like having a you know, having, having a regulated framework behind it and having sort of like acceptance and integration into the legacy financial system is going to be a prerequisite. On the othe…”
Vlad Tenev Jan 31, 2024 ▶ 43:01 Robinhood CEO Vlad Tenev on Dumb Money, Day Trading, and Retirement

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