Password protection means nothing in cryptocurrency. THe only thing that protects your funds is your private key.
Sure, but I cannot store a private key in my head, so I need to store it at some place.
This is both:
a) An easily accessible pc for daily use (cold wallet ofc.)
b) A protected place (Paper in bank safe deposit box)
So I need additional password protection for my computer, which can otherwise be relatively easily stolen.
(Im talking lots of custody money, hence security must be close to 100%).