“Magic email” login is the most stupid method to me. Yeah, just make it impossible to log in with my password manager. The average person probably has the weakest password for their email anyway so if a hacker has access to their account you just made it 100% easier for them to log in.
It’s to outsource the security risk/liability to a third-party
Even though I can’t stand “log in with…”-style logins I’d still take that over the stupid link.