@scottalanmiller said in Password Managers:
You are asking them to store the ENCRYPTED data of your passwords. You don't have to trust anyone. You should still use a vendor you trust, of course, but there's no need for trust. That's the point.
If you use an online password manager or anything not open source you still have to trust them.
Because you don't know what they do with your master password, encryption keys and other things.
Lastpass for example have passed security audits but still have had multiple breaches. There also have been examples of malicious browser extensions grabbing passwords.
As with anything, "safe" doesn't really mean safe, it means a little bit safe. And often safe enough - depending on what you are protecting.