What happens when the government is the thief?
Cyprus was just a test case. All members of the EU are essentially governed by a central authority - somewhere north of 50% of all laws are made by them, and the rest fall within the borders of those 50%+. Any of the member countries could wake up on monday to find their bank accounts have shrunk by whatever arbitrary percentage.
What makes you think that a Bank in Cyprus that had held BTCs would have been immune to the haircut? Once you put a deposit in a bank your trusting not the currency but the banking system and government. Thus your point is irrelevant, try addressing the actual point I made, if you disagree explain how the BTC network BACKS Bitcoin.
We each hold our own coins. Not some bank. Anyone who lets others handle their money these days, especially governments or banks, are fools and deserve what they get.