It's still ignoring one of the main features of passwords for regular people, which is authority delegation via password sharing, aka. "could you please log in to my ${service} and do ${something}, my password is ${password}...".
Yes, that is a feature and a normal use case that has equivalents in meat space, that security aficionados refuse to recognize even exists, much less support.
Yes, that is a feature and a normal use case that has equivalents in meat space, that security aficionados refuse to recognize even exists, much less support.