Security isn’t all or nothing, it’s about understanding what the different threats are and adequately protecting against them. Not everyone is trying to protect against attackers with millions of dollars at their disposal. There is plenty of value to deterring 99% of attackers with physical access.
The idea of security as all or nothing, and that physical access thus defeats all security measures, are security tropes that need to die. You can see how obviously wrong they are when you consider that just about every security system depends on proper behavior by trusted human beings, who are never 100% reliable.