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Yeah. Most people can't get their heads out of thinking about numbers linearly. It's not quite 2048¹², but it is a lot of combinations. Imagine a combination lock where each dial has the 2048 words around it, then have 12 of those dials.
Usually, when I try to explain it to a newbie, I tell him: The probability of a person finding my password is the same as the probability of finding the same atom I chose from all those in the universe