Completely and utterly disingenuously wrong. Safetynet is already required for most banks, and this will be followed by medical and government services and all forms of media.
This free market 'vote with your wallet' bullcrap only works if there's an alternative to vote for.
And what happens when all the physical branches within 100s of km of you shut down because 'online is so convenient' or your doctor starts using an app that requires it, or it's mandatory to do your university exam or log into your government's tax portal or the next covid where you need it to enter a shop?
Or what about when every piece of hardware you can buy has a locked bootloader, or your local phone providers decide to require using their app that puts ads on your lock screen?
Or your local taxis get price dumped out of business by uber which requires it?