Well I own and manage the server for one thing, so it makes sense for me. Considering the sensitivity of this I try to keep as much of it as possible under my direct control. I only have three devices that I need all of my passwords on, and with KeePass you just click the drop-down and select the sync option when you need to update. I have an sftp client on my phone and will just upload the database whenever I need to. There is an auto syncing option on the client, but I don’t use it. It’s definitely not the most convenient option out there, but good security is rarely convenient.
The income gap between executive and median salary employees is around 32,000%. I guess the question is, what planet do you live on where a system that allows for this kind of inequity is okay?