Physically typing in a passcode is less secure that you think given the wide range of cameras everywhere. All I have to do is observe you entering it once with

Physically typing in a passcode is less secure that you think given the wide range of cameras everywhere. All I have to do is observe you entering it once with a camera (likely from any angle where your movements are visible) and your security now belongs to me. FaceID cannot be recorded in any way. Of course you have to occasionally enter the PIN so it's still not perfect.