True, but the original sin was using phone numbers as proof of identity. The fundamental problem is average users cannot use passkeys, manage their own crypto keys, or understand that for identity to work, there cannot be an authority based recovery method.

The market simply does not care, and businesses are acting accordingly and picking the lowest friction option with acceptable levels of fraud.

What’s odd to me is that they dont even have a method for more advanced users to not use numbers. I think perhaps Digital Credit Union may be the only bank in the US using passkeys.

Who is "we all?" Most people outside of HN don't care.