The ultimate problem with this whole logic is that you trust that other individuals and companies are not tempted to "double-dip" by monetizing data on paying users. A comment in the reddit thread referenced in the article summarizes the problem neatly:
> These SaaS cloud services are completely unregulated and answer to no one except their own profits. They can and will hold your data hostage the moment they think they can do so profitably on a large scale. It doesn't matter whether you're paying for the service or not.
https://old.reddit.com/r/software/comments/s053t3/lastpass_i...