Andrew Couts, Gizmodo:

The main thing I’m worried about here is the growing capabilities within Apple’s Wallet app, which is quickly becoming a little too useful.

What? Too useful? How could something be too useful?

In addition to being able to upload your debit and credit cards to Wallet, iOS 15 expands the ability to use Wallet as your car key (by adding support for utra-wideband tech, in addition to NFC), lets you open compatible smart locks for your home, and allows you to store your driver’s license or other government-issued ID.

Sounds great to me!

In short, if you use all the features Wallet offers in iOS 15, your iPhone would be your house key, your car key, your driver’s license, your credit card, and your phone. No need to carry keys or a wallet anymore. Just grab your sunglasses and your phone, and you’re good to go. Sounds great, right? Until you lose your phone or your phone gets stolen—and everything else with it.

Ah, I get your point. If you reduce your dependence on the real world equivalents (like physical car keys or drivers license), then lose your iPhone or have it get stolen, life will definitely suck.

But the good news is, it will suck way less than if you were out in the world and had your actual keys or license stolen. Because a stolen iPhone is (at least in most cases) a protected fortress. No one will be able to access your keys or your license from your iPhone. And it is likely backed up, which means you can get back up and running pretty quickly.

There is a point to be made, which is that Apple is making it much easier to leave your real world stuff locked up at home. And if you lose your iPhone out in the real world, you might be stuck for bit, have to lean on the kindness of strangers to get back home. But that is a short term problem. And definitely better than losing the real world items.