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The difference is that the only people who used those personal computers were (are) an educated subset of the middle class in developed countries.
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> That device was called personal computer

To be fair, mobile phones being locked down probably contributed to the mass adoption of e.g. mobile payments and banking.

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Web banking was offered by all banks long before banking apps, and you could of course access it from smartphones

The move to apps made things more difficult, if anything

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Offered but less broadly adopted. Having a platform that doesn't tend to get infected when used by normal users helped with that.
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It was adopted by everyone I knew

And they used an actually secure OTP dongle, eventually ditched by most banks because, yeah SMS codes and apps are safer............

It's now that a lot of people can't use any remote banking, because their bank's app is huge or refuses to run on their phone.

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The world may not of ended but to of people have been hurt by malware ruining their computer, cryptolocking all of their company's files for ransom, stealing all of your login credentials, stealing cryptocurrency, taking secret photos with your webcam, screen recording what you are doing on your computer, etc.

The "personal computer" has a terrible track record.

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For many decades, people have been mistakenly putting diesel fuel into their gasoline cars, yet we never outlawed diesel vehicles. You can only do so much to protect people without destroying their rights to their property.
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the pump handles are green tho
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Society moved to having it so diesel fuel pump would not fit into gasoline cars.

Society didn't ban doing it, but put up barriers that help the average person from doing something dangerous.

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Just like people get robbed, it is as common as that.

It doesn't mean one can't buy nice things because one is afraid of being robbed.

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Except a sane society puts rules in place against robbers and then bans such people from society.
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There have already been laws against scammers and hackers for a long time.
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That seems to happen on phones too
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It is much rarer since it needs 0 day to do these at the same level as possible on a pc. The play store scanning apps for malware is an important safety mechanism against this. Further more imposter apps like YouTube but with no ads that are Trojans that steal people's accounts.
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Or the accessibility permission, or to some degree the access all files ones; but it's also enough for the app to pilfer the data you trust it with.

The Play Store's scanning is very far from perfect, and the amount of crap that's on it, combined with the trust that people have towards it, and apps' unfettered access to internet, makes malicious software easily more common than on PCs.

Even without considering as malicious the enormous data collection that almost everything on the Play Store does, encouraged by Google

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