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Why not store them locally (in a file on your laptop) or on a piece of paper in your wallet?


Lol. A piece of paper with 200 passwords?


I don't have my laptop with me everywhere I go and use my phone, iPad etc to log in to services.


What happens if your laptop is stolen or its hard drive fails or you lose your wallet?


The same thing like when you lose your car-key or any other valuable.




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