Guy Loses $500k in BTC mistake

I just like to autogenerate all my passwords and use something like 1password.

While we're on the topic, how important is choosing your own password for you guys? You get to choose your own account password, and that's fine, but a separate "funds security" password / key?

If you signed up for a wallet service, how would you feel instead of choosing your own wallet password, it just gave you a couple massive chunks of text (one main, one backup)? And maybe allow you to download some QR code images with that data in them? Then when you want to conduct a send, you either have to copy & paste that block of text, or upload one of the QR code images?

And if wanted, you could have your own chosen password attached to those text chunks / QR codes as well too. So when you want to send funds, it will prompt you for your own chosen password, plus as you to upload a QR code image and/or copy & paste a key?

Would that be viewed as completely unacceptable, a great & more secure way to do things, or? Honestly, letting you choose your own password and that's it, is far more insecure, as it basically eliminates the possibility of using SSSS.