Password field default value

Question

How can I both use the HTML password input and set a text default value that will be readable since the password input will turn the characters into dots or stars? Can I do

Answer 1

So if I understand correctly, you want it to read "password" or whatever in regular letters until someone clicks on it, at which point it will turn blank, and anything typed in there will become *'s? Ok what you want is this:

in head:

in the body: