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The redundancy is knowing that FDIC liquidation can handle the problem soon enough. Do mid-level software engineers typically diversify across every single poi
by anonymouskimmer 4y ago
The redundancy is knowing that FDIC liquidation can handle the problem soon enough.
Do mid-level software engineers typically diversify across every single point of failure? Architectures? Programming languages? Compilers? Too much diversification itself can be a point of failure.
As long as you have a sufficiently robust insurance backup (the FDIC) choosing a robust single point of failure seems like an okay idea for business operations (it's not like it's literal life support). The people at the FDIC aren't machines; they can do what's necessary to fulfill their function in a timely manner.