You have no recourse when your cash is stolen unless you’re insured against that. You have some recourse when stuff from your bank account is stolen because you

You have no recourse when your cash is stolen unless you’re insured against that. You have some recourse when stuff from your bank account is stolen because you’re paying the insurance in bank fees and taxes. Those are products you’re paying for. Similar products (and much more flexible/advanced) can be built for bitcoin.