>That sounds a lot like losing your wallet or dropping it in the sewer
You have your phone out all the time. The risk of losing/breaking it is significantly higher than your wallet which sits your pocket 99.9% of the time.
Funny aside: I've seen a lot of anecdotes on HN and from friends that having a smartwatch negates the need for your phone to be out all the time. New technologies create new problems that create new technological solutions all the time, I guess.
I suppose at some point all this might be moot in the long term because people will have succumbed to having chips implanted in their skin or brain, and we won't even really need phones anymore. /a little bit of s
You have your phone out all the time. The risk of losing/breaking it is significantly higher than your wallet which sits your pocket 99.9% of the time.