[magicalist]

> Very true. Sadly there's no real right or wrong answer here; a single point of failure but a better secured portal, or a decentralised network with arguably less secured portals.

This is exactly right. And, as you mentioned above, there are more kinds of people out there than are present in this thread.

I have a password manager and generate a new random password per site, so I don't have any desire to use a single log-in for almost all sites. However, many (most?) people reuse a single password (or a handful of them), and until that changes, they're likely much better protected by having a single well-protected authentication point.