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A comment on A hacker stole $31M of Ether – how it happened, and what it means for Ethereum. Parent comment

Re:A hacker stole $31M of Ether – how it happened, and what ... by matt_wulfeck on Friday July 21, 2017 @02:25AM (#14818464)
> Basically collecting on low-hanging fruit. J.P. Morgan, many finance companies, some savvy governments will step in to capitalize on easy wins.

You think a lack of technology is what's keeping these giants back from innovating? There's a reason many banks still have mainframes powering large portions of their internals. Lack of new tech is not holding them back.

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Re:A hacker stole $31M of Ether – how it happened, and what ... by jacquesm on Friday July 21, 2017 @03:29AM (#14818716)
> There's a reason many banks still have mainframes powering large portions of their internals.

There are many reasons. Institutional inertia for one, a lack of sufficiently knowledgeable people another. Banks are not innovating because you can't get around them anyway. And personally I don't mind, I'd much rather have my $ parked with an entity that moves slowly and predictably than with some 'move fast and break stuff' outfit that gives me a heartattack 3 times per year by showing me a $0 balance and no support department to call.

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