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This is misleading, as the firmware (binary blobs) most likely do not get updates.

So to have an old phone that is still secure you have to know how to flash an OS onto a phone?

did you install the security systems for your house or car?

I used to run LineageOS and some banking apps would not work as I had to unlock my bootloader.

This is truly ironical that some apps refuse to work on system that is much secure.

I use LineageOS and it is true that I have to use Magisk to have banking app working. And I understand that this is not for everyone.

I just wanted to mention that there is a way to use older phone and have security updates longer than vendor provides it. And even longer than Apple.

I get the argument about binary blob updates. Security is never 100%. And it also shows another reason why binary blobs make things worse.