I think the problem the government has with bitcoin is that bitcoin has the potential of destroying the US government. In fact, any currency other than the US dollar does actually.
The government currently has a habit of going perpetually further into debt (spending exceeds income every year for the last few decades, the only exception being during the economic bubble of the late 90's where tax revenues were artificially high.)
Just to point out, the last time the US Government ran an honest-to-goodness surplus of income, and paid down its debt because it had money left over (rather than increased its annual debt) was in 1957 under President Eisenhower.
It's been 3 generations since we've actually had a surplus at the Governmental level. The surpluses of the late 90s were strictly on-paper/on-budget items only, but every fiscal year since 1957 has seen the US Federal debt increase. Sometimes by huge amounts (like now), sometimes by small amounts (late 90s, mid 2000s), but an increase in debt annually nevertheless.
What the EU is doing - via confiscation/excessive one-time "special need" taxation of savings - is essentially a distributed default. It is taking from Peter to pay Paul, and in the process you're not teaching Paul how to better manage his finances and you're upsetting Peter and teaching him to NOT save up money because it's not his.
A big default is usually the best way to settle things out. Yes, it's painful. Yes, millions of people are left near-destitute. However, the alternative is to bring everyone down significantly (equality of misery) and to lose the lesson - don't be careless with your assets, nor promise away your future income stream (bird in the hand worth two in the bush).
I very much enjoyed living in the Reagan years America.
Did you know that the average annual growth in GDP under Reagan was less than it was under Jimmy Carter?
Real GDP growth (meaning factoring in inflation) shows higher growth under Reagan than Carter.
I've never had a problem checking in with first my N900 and now the Nexus4.
Except in Aberdeen, Scotland, it works but they insist on a printed copy...
Of course - a TRUE Scotsman would demand the paper ticket, because that paper can be used for notes, or toilet paper, or starting a fire later on. Why turn down that free piece of paper? You paid for it after all!
Thanks to insane tax law creation, the US has set up a system where one person (employer usually) pays a second (insurance company), who pays for services rendered by a third (doctor), on behalf of a fourth (patient). All in an attempt to add more control over the US economy (via tax law).
Understand that if your employer pays for your insurance, that payment on your behalf is tax-deductible - your employer does not pay any tax on those dollars, nor is that spending on your behalf assumed to be income to you (you don't pay tax on that benefit). However, if your employer just gave you those same dollars, and you bought the same health insurance, you would have to pay tax on that money from your employer. Thus there can be up to a 35% tax benefit on that money to having your employer pay for it.
If you want to return sanity to the system, you'd first eliminate this tax inequality - make all healthcare spending either taxable (at employer and employee level) or tax free. Equalize it. Then have the consumer pay the doctor directly. If you want to buy insurance, that's fine - but it's the consumer who submits bills to the insurance company, and the insurance company pays the consumer. Make the consumer get involved in the financial side of their own healthcare, because right now the consumer really doesn't know how much anyone's paying, nor now much is being charged.
How do you think America managed to make its economic productivity boom?
By being the only significant industrialized nation on the face of the Earth at the end of WWII. Pretty much every other Nation of importance had its entire infrastructure wiped out; we WERE the factory for the world, and as a result were able to skyrocket past everyone else. We had good leaders who understood that and primed the pump for our economic explosion and dominance.
We owe as much to our productivity and worldwide economic dominance to the two oceans covering our flanks as we do to the sound fiscal policy from 1946 to ~1964.