I believe the goal of chip based system is to get rid of "your username is your password" problem of credit cards in the long run. Is the world ready to remove

I believe the goal of chip based system is to get rid of "your username is your password" problem of credit cards in the long run. Is the world ready to remove the magnetic stripe and numbers on the card? Only expose them through your online bank and keep them separate from the card. Then only some online payments will be vulnerable - like hotel bookings. For example Revolut cards still have the stripe, but the card details are hard to read, almost invisible for the eye unless under proper light