If at first you don’t succeed, try and try again. So goes the old adage, and so I blindly follow it where ever it may lead. Kickstarter recommended I remove some references to Bitcoins (i.e. Cash Equivalents) which is fair – it’s Out of Scope anyway.

I also upped the amount, making it less likely to get all the pledges required, but more likely that I could do everything I want to do should it succeed (i.e. employ others to do the work). I continue to do a lot of the coding myself (did you know for instance, that java code compiled on my Linux dev machine at home doesn’t run on my Linux web host?) I’m also happily at work coming up with features that I would want (as a user) making me believe it’s not wasted effort.

I’m also reading about how the CBOT does their Mark-to-Market Settlement (13:15 each day) and Delivery (T+3 as chosen by the deliverer). If this were real, there’d also be margin criteria and default collateral which OFSI helpfully provides how to calculate.

Interest rate swaps (to convert a mortgage from variable to fixed, or vice versa) or facilitating OTC derivatives (thereby removing Massive Rainfall as the buyer for all sellers, and the seller for all buyers) is a little bit more than cool. Goldman Sachs does something similar.

Why doesn’t everyone do this?