[ur-whale]

None of the things you list are "benefits" if you're an individual. They are only "benefits" to governments because it gives them additional means of controlling the bleating flock.

[kerkeslager]

Really, fraud prevention and chargebacks benefit the government and not individuals?

If you have your debit card stolen and someone spends $10K of your money, you (an individual!) get that money back.

I'm very much pro-cryptocurrency, but I don't think it does anyone any favors to pretend there are no benefits to traditional banking.