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The reality is, that most people don't care.
I know several people (and not only older ones) who actively avoid updating, because it annoys them apparently.
Others don't care, know about or value updates at all. Some will happily use outdated android versions 5 years after support was dropped, others buy new phones every 2 years anyway.
I'm not saying that's good, but from a fuck-everything-but-money capitalist standpoint, not supporting older devices does make sense.
Outdated devices can't run some newer apps. If yiu can't get security updates, then some banking or online trading apps might not run. Many businesses use 2FA. I might be wrong, but if a device isn't being updated for security then the device can't use used for 2FA. Similar deal with using it for payment at a store or using it as your key on your newer model car.
It all starts to steamroll.
You don't need to convince me. Fact is, enough people don't care. And if enough people don't care, 2FA vendors will get more lenient so they don't lose customers.
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