No, that's not the issue.  The issue is that you should be allowed to
    give access to people you don't fully trust to a machine.

I don't know anyone who disagrees with that statement.  No one is
trying to forbid you to give such accounts.

      Your "security is bad" philosophy would result
    in a universe where I would have to tell them "no way, you can't have an
    account."

Well, you could just change the file mode on /dev/fd0
before you give them accounts.

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