Earlier quoted context omitted.
This is an FSF level understanding. Android devices are fully open and you can reflash them to whatever OS you want. Some remote servers won't give you service if you do that, but nothing is locking you out of your device . As Android dominates the global market, you already live in that world where most devices are open.
While I don't agree with the FSF on even close to everything regarding trusted computing, I think for a fair discussion you'd have to at least steelman their arguments here: I think it's fair to assume that in a world in which almost every device supports attestation and makes it available to any service provider by default, without giving users an informed choice to say no or even informing them at all , service pro…
When it comes to financial or legal matters (and this includes online banking) a small dedicated hardware element for signing fingerprints is all that's ever been required. Anything more is an overreach.