[nly]

I think you mean from "something you can forget" to "something you can lose"

[ozim]

I don't remember like 98% or 99% of my passwords. I have something like 270 on my private accounts and probably 300 passwords on my work accounts. Well password manager is useful and I can always use pw reset option built in systems.

I kindly propose everyone to forget all their passwords.

Then they mostly don't need second factor if they generate random password each time and don't care about remembering them at all.

[dheera]

This is why "something you have" should be ALWAYS replaced by "one of a few things you have" where you report/deactivate any lost things.