All the folderol exists so that ordinary people don’t lose their accounts permanently when they inevitably forget a password. With just a private key, no such

All the folderol exists so that ordinary people don’t lose their accounts permanently when they inevitably forget a password. With just a private key, no such protection. Unless you take active steps to store the key safely, you’re a few Backspace key presses away from losing your account forever (or at the other end, having it stolen if you leave the key lying around).