• guillem@aussie.zone
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    4 hours ago

    “Based in” often means they just have an address in the Canton of Zug (the Swiss Delaware) for tax purposes. According to Wikipedia they operate from Bulgaria. Which still is Europe but doesn’t sound so marketable.

  • zutto@lemmy.fedi.zutto.fi
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    9 hours ago

    I would very much recommend steering away from these lifetime deals. It’s not a sustainable business model and will lead to unhappy times very fast.

    The math doesn’t math.

    • small44@lemmy.world
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      8 hours ago

      It’s been 8 years that they offer it. There is no reason to believe that they will shut it down in 2 years

    • Señor Mono@feddit.org
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      9 hours ago

      They’ll come up with other upselling possibilities, when need be. Also they must have made a calculation for this offer. If I trust them with my data, I trust them with using the calculator.

      • zutto@lemmy.fedi.zutto.fi
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        9 hours ago

        I can assure you, the calculations don’t make sense. They need several copies of the data you’re storing, spend electricity to keep the data available, pay for internet connectivity and bandwidth. Not to mention they need humans to maintain these systems.

        And to do this for 99 years? After 5 or so years you’re losing them money and unwanted customer, a liability.

        But, everyone can make their own decisions on how they store data, if you’re happy with them, there’s nothing wrong with that!

        I am here just to heed a warning on not blindly trusting these deals from any company, as these have been proven time and time again to not last for many years. Ponzi schemes will eventually collapse.

        • Señor Mono@feddit.org
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          8 hours ago

          They’ll end the lifetime offer eventually. It is limited in time. At least that is what I thought.

  • Libb@jlai.lu
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    8 hours ago

    FYI, E2EE is sold as an add-on and only works within one specific folder.

  • Señor Mono@feddit.org
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    9 hours ago

    Solid offer in terms of price (lifetime = 99 years).

    You might want to watch out for their encryption procedures. Client side encryption is an additional subscription/one-time-payment and it is not really clear how the serverside enrcyption works.

    Also: unless you check the box for European hosting, a backup will be sent to a cloud in Texas.