I think you mean TPM? On Linux keys don't automatically get added to the TPM you have to manually set it up. You would need to use systemd-cryptenroll or clevis to add the keys to the TPM.
Entering the passphrase to decrypt the disk at boot can become quite tedious. On modern systems a secure hardware chip called "TPM" (Trusted Platform Module) can store a secret to automatically decrypt your LUKS partitions.
fedoramagazine.org
By that logic we should keep our life savings under our bedroom matras and not in a bank.
That's what password managers with 2FA are for.
I would answer this but then it would lean towards politics so I am not going to do that.