I was wondering if anyone had considered CDSes on loans around here. To prevent fraud, we'd probably need to verify that any buyers are known, reputable members of the community, or they could someone could ask for loans under one identity and buy a CDS under another identity, then disappear/default and make money twice.
There are also other ventures that people could buy CDSes against. bitscalper or even larger bitcoin enterprises come to mind. Shades Minoco? It could give investors "insurance" against bad shit happening there.
Given how risky this market is, anyone selling CDSes could make really good money, too. But again, reputation would be important as the potential losses could be quite large. And of course, it'd be tricky to figure out a "right" price for this stuff, but should definitely be possible.
Anyway, it was just a random idea, and I wanted to see if people had any thoughts on it