Always? OK, I've reset my HN password to [one of] my phone number. So you can log in as me now?
No of course you can't. You don't even know how many digits it is, did I include + for an international number, did I use brackets, hyphens, dots (comme une gars Francais)? How will you connect my online ID with my phone number¹?
Once you have my password what are you going to do? Right flames and lose me karma? I can just start a new account if needs be, nothing lost really.
For many accounts a phone number is probably a good enough password IMO. For accounts that handle money? No way. For email accounts that receive reset passwords? Not a chance. For posting drivel on tech chat forums ... it'll be fine!
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¹ If you can I'd prefer you didn't print it.