,, The ability for a government to unilaterally lock people out of their bank accounts without a court order or any form of recourse is virtually unprecedented

,, The ability for a government to unilaterally lock people out of their bank accounts without a court order or any form of recourse is virtually unprecedented in Western society.'' Technically you are right, but for me the bail-in in Cyprus in 2013 was scary enough to diversify into physical gold and Bitcoin (I stopped the gold part since then), as I realized that I'm just a ,,creditor'' to a bank, I don't own the money that exists in my bank account, and this can happen inside the EU.