Why COBOL will never die

See the original posting on Boing Boing

Photo of Grace Hopper with COBOL manual

There are an estimated 240 billion lines of COBOL out there, and they’re the backbone of your financial life — 95% of the time when you swipe your bank card, there’s COBOL involved, and every night when the work-day is over, the massive mainframe farms of big banks leap into action, using COBOL to balance the day’s books. — Read the rest