I doubt it will cost 1980$ or even 1600$ just because they have added something related to crypto. S9 price was a bit over 700$ when it was released so for S10 the maximum price I expected to be is 1500$ but even that seems much. It will probably be somewhere around 1000-1250$.
The s10+ is available here on preorder for the equivalent of 1900$.
The cheapest version is at 1100$.
People also have online banking on their phones and financial apps like Revolut, PayPal... There is always some risk but if you have password (or pattern) set to unlock the phone and another password when accessing banking app/private keys, you are relatively well-protected. If Samsung adds a feature of locking private keys when you lose a phone, the risk becomes negligible.
You realize that unlike a bank account or a paypal account, there is no way to lock or freeze a bitcoin address, right?
Right now we have no idea exactly how it works. People are arguing all over Reddit that its not a "wallet" and just something to "store private keys" which doesn't make much sense.
Because if you got a secure way of storing the keys, what happens when you actually want to spend them? You also need a secure way of inputting the seed, making a transaction and broadcasting it.
Yes, that's what it does, it stores your private keys and it gives access to the 3rd party app you want to use as a wallet to them
. Feeling safe?