World of Statistics
@stats_feed · Jan 16, 2023
More than 90% of all money - more than $50 trillion appearing in our account - exists only on computer servers. The sum total of coins and banknotes is less than $6 trillion.
Elon Musk
@elonmusk
Exactly. Money is actually a set of heterogeneous databases with vast amounts of legacy code still using COBOL on mainframes in batch mode.
07:25 PM · January 16, 2023 · 6.4M views
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