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No. You don't need to preserve a password with the same level of thought.
You can:
  1. Lose it and still have access to the website
  2. Reset a regular password
  3. Lose an account that can be recreated with no loss
  4. Call customer support
  5. Only lose data, not money
Wildly different barriers to adoption.
I don't not get your point, but remembering a piece of information is more like a password than it is like running an email server.
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