While I agree with the idea that you should never share your password, you're blaming the victim. Having read a few accounts of their exploits now, this company is manipulating these people.
Please don't ever post your passwords, even in jest. The web is filled with crawlers that scrape passwords and add them to vast password dictionaries to be used in cracking.
This was the immediate and exact same thought I had the moment I read the first sentence of the post. Then I stopped reading. Clearly this was not an engineering decision, and passwords should be trusted to no one but competent engineers and cryptographers.
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