You are confusing Bitcoin with a payment network like VISA or PayPal. Hacks of exchanges are not related to Bitcoin itself, it is like saying, someone broke into my Gmail account because my password was easily guessed but you say TCP/IP broken. It does not make sense at all!
> No customer protection and irreversible transactions = "This is a feature not a bug of bitcoin."
Bitcoin has the economic principles of gold.
* Pure raw gold has no consumer protection and it is irreversible.
* Government cannot give FDIC insurance to gold bars, because governments cannot print gold bars out of thin air.
* Unlike gold, Bitcoin is digital, which means it can be sent across borders at a low cost, (Almost free with LN)
* You're comparing multiple things (Payment network, economic system, and governance system) with 1 piece of software.
if you want to compare payment network features, then you have to compare bitcoin/LN transactions to VISA, PayPal..etc
If you want to compare the economic system, then it's mostly Austrian vs Keynesian.
If you want to compare governance then it's about libertarian/anarchist/decentralization vs Centralised governance.
Unfortunately, you are coming across as very closed minded with same old tired arguments that were laid against bitcoin from inception, because the general population has a poor grasp of what it really is.
Have a read of this, it's a bit dated but it's still good, if you want to have a better understanding of what bitcoin is: https://www.coindesk.com/nobody-understands-bitcoin-thats-ok