The Great Reset: Banks executing bail-in around the world – UK's new 'saving cap' law is an attack on CBDC accounts.

'"We propose a limit of between £10,000 pounds and £20,000 pounds per individual as the appropriate balance between managing risks and supporting wide usability of the digital pound [CBDC].'"

"A limit of 10,000 pounds would mean that three quarters of people could receive their pay in digital pounds as well as holding pre-existing balances in the same account, while a 20,000 pound limit would allow almost everyone to use digital pounds for day-to-day transaction."

"Money above the cap would be 'swept' into a customer's commercial bank account [fiat currency] given that a digital pound would not be a means for storing wealth."

This is an article from 2023 and had been discussed before. Nevertheless, the scenario above is at the time of the CBDC introduction. This is not to alarm people and wake them up to a nefarious agenda. When the moment CBDC is in full operation, fiat currencies around the world will be eliminated. So gone will be your money in your commercial bank account and all your debt. Yay right? No so fast. That £10,000 to £20,000 in your CBDC account will be the maximum amount/savings you will ever have. Your home, your CBDC money and everything else you own will be tokenized. Which means you will not own anything you have not even your CBDC money. Anything time you have an amount above the limit it will be removed from your CBDC account. Will you be happy when you don't own anything and just have £20,000 maximum (or a £5000, £3000 or £2000 limit) in your CBDC account?

Further to the scenario above, United States will be using stablecoins as their CBDC. 

"Stablecoin [as compare to CBDCs] issuers don't have sight of who holds their tokens at any given time, so enforcing caps would require a costly, complex new system, such as digital IDs or constant coordination between wallets."

"She [Christine Lagarde] sounded the alarm that US stablecoin policies 'could potentially result not just in further losses of fees and data, but also in euro deposits being moved to the United States and in a further strengthening of the role of the dollar in cross-border payments." Is this a Donald Trump 4D chess move against ECB and other central banks in the world to not restrict or ban stablecoin? Will CBDCs co-exist with stablecoins outside of the United States. If so, then CBDCs will lose all the power it have as centralized currencies.

More in the Luke Mikic video.