Conversely: I have zero interest in managing the storage of my own password vaults. It's a trade-off I'm willing to make for convenience and durability.

By way of example: I recently moved overseas, and in the process I wiped my desktop and moved to a laptop-only setup. Unfortunately, I managed to back up an outdated Adobe Lightroom catalog, not my current catalog, so I lost about two years' worth of catalog data -- including Lightroom edit histories. Yes, this is obviously a mistake on my part, but I recognise that I make these mistakes, and I'm willing to trade some loss of privacy and security for a significant decrease in a different risk profile.

Removing a local option is shitty, but there's nothing wrong with providing cloud-based storage.