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A comment on Ask HN: Any active COBOL devs here? What are you working on?. Parent comment

Re:Ask HN: Any active COBOL devs here? What are you working on? by ch_123 on Friday July 18, 2025 @11:29AM (#44605806)
> E.g., if you opened an account at a major bank, and your transactions started failing, would you keep banking there?

A lot of people who land in that situation do continue banking there since they are either tied into that bank through loans/debt, or lack the time/energy to move elsewhere.

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Re:Ask HN: Any active COBOL devs here? What are you working on? by FredPret on Friday July 18, 2025 @12:33PM (#44606678)
This situation would lead to immediate and extremely severe legal and commercial consequences for the bank, even if it's JP Morgan.

The argument that a market leader can screw up because it "owns" the market is not correct. Where's Xerox / IBM / Intel now?

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