legacy financial system

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 26, 2026 by Brian Armstrong · across every show →

Everything said about legacy financial system, oldest first

Jun 26, 2026 negative
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Armstrong: Legacy finance relies on outdated 1990s COBOL mainframe code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
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