Electronic transactions with traditional banking are generally reversible. If I hack into your bank account and transfer all the funds to my account, your bank

Electronic transactions with traditional banking are generally reversible. If I hack into your bank account and transfer all the funds to my account, your bank can usually track the funds down and have them returned to you. Moreover, most bank accounts are linked to real-world identities in some way, so there's a high risk that I'll be caught and prosecuted for aforementioned hacking attempt. Not so with Bitcoin.