If you presume encryption (SSL et al) in its present state generally works, this strikes me as obviously superior? I genuinely don't understand the argument? Yo

If you presume encryption (SSL et al) in its present state generally works, this strikes me as obviously superior? I genuinely don't understand the argument? You carry your password in your head, buy the new machine, phone home, and you're good? Ditch the machine on the way home if it's that serious.