Re: And in practice ... ?
They are of course renting out their bandwidth too, but how good is the redundancy?
I see this more as an Uber of data storage. They take the profit and you the capital outlay and piss poor return. 1.5c/GB is less than a hard drive costs (typically 3c/GB) and certainly places poor value on your limited monthly bandwidth (around 20c/GB in my case). In short this is the latest gig-economy of shit ideas for financially illiterate participants.