You're right. А PIN is just one layer in banking security. Banks have fraud monitoring and can often reverse unauthorized transactions. For example, my brother had money taken from his account for a supposed Microsoft 365 subscription he never bought. He reported it immediately, and the bank said they'd investigate. Two years later, they're still "investigating," and the money hasn't been refunded. With self-custodied Bitcoin, if someone gets your private key, the funds are gone irreversibly—no one to call, no reversal possible (except racing to move them first if you notice in time). Both systems have trade-offs. Тraditional banking offers some recourse (though it can be slow or unsuccessful), while proper Bitcoin self-custody gives true ownership but zero safety net if you mess up or get compromised. It really depends on your priorities and how carefully you manage security.
You're right. А PIN is just one layer in banking security. Banks have fraud monitoring and can often reverse unauthorized transactions. For example, my brother had money taken from his account for a supposed Microsoft 365 subscription he never bought. He reported it immediately, and the bank said they'd investigate. Two years later, they're still "investigating," and the money hasn't been refunded. With self-custodied Bitcoin, if someone gets your private key, the funds are gone irreversibly—no one to call, no reversal possible (except racing to move them first if you notice in time).
Both systems have trade-offs. Тraditional banking offers some recourse (though it can be slow or unsuccessful), while proper Bitcoin self-custody gives true ownership but zero safety net if you mess up or get compromised. It really depends on your priorities and how carefully you manage security.