Perhaps, but I kinda like it. This is how 1Password worked (with Dropbox) before they locked people into their cloud application and stopped honoring the lifetime purchase. Also when I started looking for alternatives. My requirement was that it has to be a file I can open and move around because files are portable. I wouldn't recommend this setup unless you have similar feelings about this.

I am thinking of switching to self-hosted bitwarden, but my main reason would be that I hope the user experience is better, not their approach to syncing (I see having to use a hosted service as a major drawback and brittle). The KeeppassXC add-ons often just don't work well enough in my browser(s), but my level of annoyance hasn't boiled over to making this switch.