maybe you should tell all merchants who use bitpay to process and convert BTC payments they are at risk of being cheated.
you're being overly paranoid, and your ivory tower is really high.
Of course they are at risk. There is always a risk.
Bitcoin is made to be decentralized, apolitical, trustless.
I think you missed his point.
SPV is trivially risky compared to payment processers. And even those are limited risk. If they don't settle at the end of the day,
you've lost a day's revenue.