By just looking at the features, I am already thinking that you are suggesting we use a centralized custodial web wallet which we all know is prone to phishing attacks, hack attacks and money getting stolen or misused by a third party you entrusted the funds with.

The best kind of wallet out there is one that lets you have control over your funds by letting you back up your private keys or seed phrases, is noncustodial, is open source and reproducible and is censorship resistant.