They will have a retail version of the coins for banks to issue to losers like us.

I was on the Fed "Faster Payment Task Force" and know this for a fact. They must keep the slaves separated from their overlord banks. Similar policies where banks can also be blocked, but zero AML (anti-money laundering) and volume limits for the wholesale coin. Think about $10,000 bills vs. $100 bills. Separate, but interchangeable blockchains. That's why they are "sovereign". I was shown an internal fed settlement system that could settle $1T for $2 settlement cost.

If you have enough money, you can get a "sovereign" account at a central bank. Zero AML, no limits on transfers and "no questions asked". Money laundering laws are for the little people.