That and you get to centrally admin this for others (employees, family members), fine grained access controls for business use, you don't have to host and secure anything yourself (e.g. Bitwarden), pretty good UX on all your devices. I had to use a shared KeepassX file in git for a project and it was a frequent source of problems.

Exactly. I used Keepass for years but it became too much of a pain.

(Though I suppose changing a bunch of passwords that I had in LastPass is also kind of a pain.)