Bitcoin offers no such protections? And the Transactions are Irreversible as well.
These includes the following like:
Protection from counterfeit bank notes BTC
Protection from financial surveillance BTC
Protection from identity theft BTC
What are you opinions?
No other currency in history offer consumers as much protection as bitcoin.
Protection from counterfeit notes = Producing a counterfeit bitcoin can be done if you can create the largest computer network in history. It will cost billions to make and only MAY work. This is why there has never been a counterfeit bitcoin.
Protection from financial surveillance = If you know what you are doing then there is absolutely no way anyone can tell your wallet from any other wallet. Of course all transactions are recorder in the blockchain, but nobody knows who owns those coins or who they just paid. Unless you add that functionality on top of the protocol.
Protection from identity theft =Last year I replaced my bank card three times due to data breaches. Guess how many times I had my identity compromised with bitcoin? Yep, zero in eight years of use. No currecny offers the protection bitcoin offers against identity theft. Why?
Because unlike ALL other payment systems bitcoin does not tie your identity to your money. Thieves don't care about your stupid identity, they want your money and getting your identity is the key. With bitcoin I can, (AND HAVE), posted the password to my Overstock.com account. You could get in and see what I bought, but there is no credit card on file and no path to my wallet.