Oh I get that, and agree! But despite that it still feels like a honeypot, centralizing every user's most important security info in one cloud service (read: honeypot). At least with Dropbox/iCloud sync you're relying on the same e2e encrypted setup but in a less centralized service (for example, if there's some bug in the e2e encryption someone would need to take advantage of that AND iCloud's encryption and target users using the combination).