If someone is willing to murder me for my money, a bank (or the FDIC) won’t keep that from happening. All the bank needs for me to wire all of my money into someone’s account is my ID, signature and the other account’s details. This would-be robber could strap a bomb to me while I execute the transaction, or hold a loved one hostage. The FDIC can do nothing in this scenario.
I’d suggest reading up on multisignature transactions and bitcoin, which is an even safer way to store bitcoin than I’ve mentioned: http://bitcoinmagazine.com/11108/multisig-future-bitcoin/
We simply disagree on the value of bitcoin.