Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has no built-in consumer protection?
by
olubams
on 30/05/2018, 18:43:36 UTC
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?

Looking it from another point of view, it can also be that there is consider protection but instead of consirmer protection, as could say end user protection because there is no greater protection that the one you provide for yourself and that is what bitcoin offers but because we are used to a body providing such protection and major players in the indiutry too believes that because of the absence of central body to ensure that, they are free to do anything they want but we they can just do what is right, control in your hands is the best prorection.