> Hyperbolic or fairly extreme-sounding scenarios are common when discussing this kind of thing, partly because it makes discussion about a fairly boring topic a little bit more interesting. Don’t get distracted by that.

It's not. They are very much intended to derail serious discussions around threat models.

> That being said, using a TPM-based TOTP is pretty extreme sounding in and of itself.

It's not. It's trivial to implement.