> Every normal person has content in Google , iCloud , OneDrive , Dropbox and maybe more. That’s 4+ single points of failure
It only means that the content is not valuable for them. I know people who created Google Account only because the phone required them to and they do not even remember the password or username, and do not use Gmail (why use email when there is Telegram). If they lose the phone, they would just probably make a new account.
If you were an investor or trader, managing millions of dollars, would you keep the only copy of critical information in a cloud? I don't think so if you are a reasonable person. Would you keep the only copy of a cryptowallet key in a cloud?
> If you were an investor or trader, managing millions of dollars, would you keep the only copy of critical information in a cloud?
I don't think the idea that they could lose access to their accounts occurs to most people. I've done enough business continuity and disaster recovery work with small business to be confident in saying it doesn't occur to small business owners. I'm not sure why individuals would be any different.
It's very hard to put yourself in the mindset of a non-technical person.
> I don't think the idea that they could lose access to their accounts occurs to most people
Most people do not store anything valuable in the cloud anyway. The only problem is that they won't be able to login into Windows if MS bans the account, and they won't be able to install apps if Google bans their account along with phone serial number.
It only means that the content is not valuable for them. I know people who created Google Account only because the phone required them to and they do not even remember the password or username, and do not use Gmail (why use email when there is Telegram). If they lose the phone, they would just probably make a new account.
If you were an investor or trader, managing millions of dollars, would you keep the only copy of critical information in a cloud? I don't think so if you are a reasonable person. Would you keep the only copy of a cryptowallet key in a cloud?