With the number of people concerned about privacy, it is a wonder why chrome is even popular.
If Chrome suffers a catastrophic failure I won’t lose my passwords because it stores them in my Google account.
And what if your google account stops working? What if it’s hacked? What if google goes bankrupt? What if google discontinues chrome or remove the password features? What if Google follows reddit and starts charts charging you for your passwords? So many what ifs. So much power to give to a for profit company.
That’s kinda like saying, “If someone pulls a knife on me in the street and asks for my wallet, nothing will happen because killing is illegal”.
Google owns both Chrome and your password manager, at any time they are perfectly capable of pulling the plug on them, leaking data, charging you for them, etc.