Correct, all euro bagholders will LOOSE everything! by the end of this year, they will only be able to decorate their rooms with the paper 500€ bills, so their intrinsic value is the same as a piece of colored paper - something around 100 satoshis per one! You wait until Draghi starts dumping his stash it won't be pretty!

I personally took my euro holdings and ordered pizza, good riddance!