Is Bubble data stored in an encrypted format?

Hi Nigel, just been reading an excellent thread that you were heavily contributing to and it is clear from that you know a LOT.

So technically, can I say to my users that the data is encrypted or would that be inaccurate?

My reason for asking is that I’ve been using the Encode/Decode plugin, but the problem with that is that it is an easy job for me just to login as any user and see the data anyway, so it makes me wonder what the point is. Am I just creating a big workflow processing overhead for no actual benefit?