This came out of a corridor discussion yesterday as to how digicash would affect future banking systems: How does digicash interact with capital adequacy requirements? Should each digi-dollar issued require a corresponding hunk'o'assets in the customers account, or should the bank be able to issue digicash using existing rules? Digicash can have a much faster velocity than real cash, so I can sort of imagine their being periods where adequacy limits could be exceeded. What's the panels view? Simon p.s. I got to see the movie "Hackers" while I was sick in bed after WWW IV. The movie was pretty bogus, but the soundtrack was pretty cool. The wonderful movie website had nothing about any soundtrack albums; anyone know if there was one?