web3 will almost certainly never achieve its goals if hardware wallet adoption isn't ubiquitous.
If that is true then web3 may be in trouble. For a very long time people have pushed for hardware devices for MFA and yet most people still use phones if they even have MFA at all. I know people with Yubikeys and other devices because of the circles I have been in but in the wider audience of the internet they are exceedingly rare. So unless it becomes super easy for the masses to have a hardware wallet such as their financial institution issuing one then I am not sure how you realistically get past this problem. That of course puts people back into trusting and depending on their financial institution and its third party providers.
If that is true then web3 may be in trouble. For a very long time people have pushed for hardware devices for MFA and yet most people still use phones if they even have MFA at all. I know people with Yubikeys and other devices because of the circles I have been in but in the wider audience of the internet they are exceedingly rare. So unless it becomes super easy for the masses to have a hardware wallet such as their financial institution issuing one then I am not sure how you realistically get past this problem. That of course puts people back into trusting and depending on their financial institution and its third party providers.