@canony it does, but your stuff is still on a server you don't control.
You could lose access to the server.
The server could be damaged along with your data.
The server isn't as secure as they tell you and someone can see your stuff or just sit there for weeks trying to brute force your passwords to access what's there etc.
To many downsides imo to not having your data securely in your own hands. 😎👐🏻