"If I pay with a credit card I have level of protection. When I put my money in a bank the money is insured." Just out of curiosity, what makes you think that

"If I pay with a credit card I have level of protection. When I put my money in a bank the money is insured." Just out of curiosity, what makes you think that insured transactions to verified parties will not occur at some point? Credit cards have evolved substantially from the days of paper imprints themselves.