No legal professionals, no management fees, no opaque boardrooms, the DAO "removes the power of administrators and fund managers to misdirect and waste investor funds." And yet, as a consequence of a software program bug, the DAO "voted" to "invest" $50m, a 3rd of its members’ cash, into a car managed by very clever programmers who knew too much about recursion points during stability updates. Supporters of giant blocks who were dissatisfied with the activation of SegWit forked the software program on 1 August 2017 to create Bitcoin Cash, becoming one among many forks of bitcoin equivalent to Bitcoin Gold. Gold bugs and other anti-Fed / anti-inflation sorts: They like the limited supply of bitcoin and view this as a new ‘gold’. How many people purchase CD’s anymore aside from arduous core audiophiles like myself? And due to the emergence of cloud-based mostly blockchain services from each begin-ups and huge platforms like Amazon and Microsoft, experimentation is getting easier on a regular basis. The financial services industry is relentless drawn to fee-producing opportunities and can find their approach to bitcoin too.