LastPass seems to have vulnerabilities discovered [every few years](https://en.wikipedia.org/wiki/LastPass), is currently [buggy on Android](https://play.google.com/store/apps/details?id=com.lastpass.lpandroid&hl=en), and is subject to [Five/Nine/Fourteen Eyes](https://en.wikipedia.org/wiki/Five_Eyes) surveillance.
It seems like an encrypted password text file on Dropbox would give similar security without being a continual high-value attack target, but nobody seems to recommend this method.
Presuming passwords of equal security, which method is more secure? Please ELI5!
In: Technology
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