That has almost nothing to do with it. It's about convenience vs security, and specifically, auto-filled passwords across devices and applications. Anything t

That has almost nothing to do with it. It's about convenience vs security, and specifically, auto-filled passwords across devices and applications. Anything that provides such a feature will be inherently less secure than an encrypted file. If LastPass and others are to blame for anything, it would possibly be their marketing around the this tradeoff, though I think they avoid direct misrepresentation by just avoiding the issue completely.