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It’s a primitive password manager, primitive because unencrypted and not integrated into your devices, but far better than not having a password manager.
Assuming the laptop is running bitlocker (often on by default), has a user password, and is offline, that’s pretty decent.
Notebook refers to a paper notebook. Not a laptop.
And in which world is bitlocker on by default? Nope.
A world where we all go insane from explaining “we can’t just ‘hack’ your bitlocker key” over and over to every older relative we have…