The Blockchain that is Bitcoin has not had one failure in the network these past 10 years.
Just saying like
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Previously on "MPs call for action on banks, Big Tech to avoid IT failures"
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Originally posted by ladymuck View PostEven at $12k each, that's a lot of pizzas!
Top Five Most Expensive Pizzas in The World - Haute Living
I can't see any self-respecting Glaswegian spending $4,200 on a pizza...
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Originally posted by BR14 View Postfeck me that's a lot of pizza's
Top Five Most Expensive Pizzas in The World - Haute Living
I can't see any self-respecting Glaswegian spending $4,200 on a pizza...
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Originally posted by BR14 View PostBob??? wtf?
"My name's Bob and I'm a born leader! I earn £40 a week! You can buy farsands of smarties for £40".
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Originally posted by Mordac View PostIt's going to the lowest bidder. And then to the next lowest bidder, to fix some of the mistakes from the first time. And then the next lowest...well, you get the idea.
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Originally posted by edison View PostI haven't got access to the latest year's Gartner figures but alongside professional services, banks and other financial services companies spent the highest percentage of revenue on IT amongst 20 odd sectors globally only a few years ago.
You have to wonder where all that money is going for there to continually be so many outages for critical systems. I assume a lot of the spend is driven by regulation but even so, spending 50% more than any other sector makes me think banks have been using too many expensive contractors....
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Originally posted by TwoWolves View PostMost of the worst failures seem to happen in retail banking (where they outsource and use poorly paid permies), not investment banking (with the expensive contractors).
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Originally posted by edison View PostYou have to wonder where all that money is going for there to continually be so many outages for critical systems. I assume a lot of the spend is driven by regulation but even so, spending 50% more than any other sector makes me think banks have been using too many expensive contractors....
Banks just don't !"get" the value of IT.
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