[interfixus]

You seem to be operating under the assumption that all password managers are netbased and commercially operated.

This is not the case for PasswordSafe, not the case for the various Keepass implementations out there, and not the case for several other, lesser known projects.

I am a happy, contended and reasonably safe KeepassX user since many years ago. While I do see the point of two factor auth in certain situations, I sincerely hop and pray it never takes off in a mandatory big way, uncalled for annoyance as it is in most cases. My 36 character passwords usually do the job just fine.