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?
Im not sure if I am reading this post right. BTC offers protection for all three of the points you have raised.
Protection from counterfeit bank notes BTCBitcoin cannot be counterfeited.
Protection from financial surveillance BTCBTC addresses are pseudonymous. Since the transactions don't have to be filtered through a third party and your identity is not associated with them, you are protected.
Protection from identity theft BTCIf you hold your private key in a very secure location, then identity theft is not an issue. Treat your private key like a social security number.
As far as the irreversible transactions go, there can be consumer protection put in place. Satoshi said third party escrows would likely be the solution or even smart contracts could be used.