Plus, considering what happened in Cyprus, I'd wager that most people will be lucky to ever see their digital fiat materialize in their possession.
From Jim Willie:
"THE 2005 BANKRUPTCY LAW
The law has come front and center into view. Its features, reinforced by the Financial Regulatory Bill (aka Dodd-Frank Law) have never been more important than now. The individual side to the reformed bankruptcy provisions received the most attention, including for the Jackass. It removed the Chapter 7 wipeout of debts in offset by assets, done formerly in sweeping step. Once done, the deck cleared, fresh air abounded, the path made new. However, it made standard Chapter 13, in restructure of debt with respect to income, establishing a lifetime of tax obligations. But the corporate side is far more pernicious, learned only two years ago by the Jackass. It subordinated all bank assets under the derivatives owned by financial firms. The subordinated structure still exists, like senior & junior bond holders, savings accounts, certificates of deposit, mutual funds under management, money market funds, but these all lie subordinated UNDER the vast derivatives, the unregulated contracts. The updates to these laws are clear as a cloudless day in bright sunshine. The United States and United Kingdom, even Canada, have enacted laws that serve as guidelines in the preservation of the largest banks, by forcing the vanishing of private accounts. Better described, the laws offer guidelines on the death of the big banks, since they will be washed clean of assets, including those of private citizens. The insidious Bail-In Laws will catch attention. Their invocation in Cyprus was the alarm sounded. Not many Americans heard it clearly, still distracted, still dopey, still gullible, still incredulous. It could never happen here?!?""Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works".
But don't worry, there's only a few times the world GDP in outstanding derivatives that your accounts are subordinate to. http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html
John Stuart Mill