This is valid: use case matters. But almost no one has a use case for which hardware keys are optimal.
If you live in an area where you don't have bars on your windows, you don't gain more security from using a physical key over a PIN or app. (Even if you do have bars, the physical key is likely still suboptimal).
If you're a regular user of the kind of application where anyone ever thought passwords were a valid authentication solution, you don't benefit from a hardware key.
And it's not just a question of more security than necessary: using a security mechanism that is overkill for your needs can actually leave you with lower total security, because you'll end up doing things to make your life more convenient that are worse than what you'd have done with a weaker mechanism (like in the physical case leaving the door unlocked to avoid locking yourself out).
I guess my point is: "don't ignore your tech-savvy users".
And more generally, don't think that 99.9999% of your users are morons. In this case, all it costs is to leave an alternative in the list.
Too much of the modern software completely sucks because the industry is obsessed with "hiding complexity". We should not hide complexity, we should offer abstractions on top, and leave access to the lower-level as much as possible.
If you live in an area where you don't have bars on your windows, you don't gain more security from using a physical key over a PIN or app. (Even if you do have bars, the physical key is likely still suboptimal).
If you're a regular user of the kind of application where anyone ever thought passwords were a valid authentication solution, you don't benefit from a hardware key.
And it's not just a question of more security than necessary: using a security mechanism that is overkill for your needs can actually leave you with lower total security, because you'll end up doing things to make your life more convenient that are worse than what you'd have done with a weaker mechanism (like in the physical case leaving the door unlocked to avoid locking yourself out).