You understand that data must reside somewhere, right?
So does every physical object, storage disks are just more sensitive then many physical objects but in return offers the ability to keep multiple copies of it's data. This is about fire safety, safety from theft or similar unforeseen events. Tell me, how do you protect physical objects, why why exactly if that method better than the methods you use to store digital data?
In order to accomplish this they end up on servers
You do understand that a server is just a computer, you can own a computer and you can own the property where said computer is stored. Tell me, how exactly do you store your files today? do you keep everything local or do you use "the cloud".
Do you honestly believe that data is free from scrutiny when it passes thru servers owned by NOT YOU?
Do you think your physical items are safe, when anyone at any time could easily break into your home through the door or a window and steal whatever they want. And the only protection at best will be you holding a gun, what if there's 10 of them and you're alone, pop, you're dead, now they take anything they want.
"but its encrypted"
Try brute force your way through AES-256 bit encryption, that's 2²⁵⁶ keys that you need to test. They have not cracked all encryption algorithms, that's pure and simple propaganda. What they do is to obtain the key, because obtaining the key is like stealing the gold you keep in your safe. See above once again, 10 armed burglars walks in, pop, you're dead, boom now you're safe is blown open and there is your gold, and your encryption key.
You think they'll build a billion dollar cluster just to steal your personal files? which won't be enough to crack the encryption in a billion years anyway. Keep dreaming. Besides, cryptocurrency can be forked from any any block and a new encryption algorithm put in place. If they ever cracked the encryption used by a cryptocurrency and started to steal coins, a majority would agree to reverse the chain, fork and put in place a different algorithm that has not yet been cracked.
SOP --> if man can make it, man can unmake it.
Wrong, you forgot the control aspect. If man can't control it, man can't change it. Oh an you forgot to answer the main question, what's your opinion on amazon S3 in comparison of blockchain based object storage if you had to use either one to backup your files.
So does every physical object, storage disks are just more sensitive then many physical objects but in return offers the ability to keep multiple copies of it's data. This is about fire safety, safety from theft or similar unforeseen events. Tell me, how do you protect physical objects, why why exactly if that method better than the methods you use to store digital data?
You do understand that a server is just a computer, you can own a computer and you can own the property where said computer is stored. Tell me, how exactly do you store your files today? do you keep everything local or do you use "the cloud".
Do you think your physical items are safe, when anyone at any time could easily break into your home through the door or a window and steal whatever they want. And the only protection at best will be you holding a gun, what if there's 10 of them and you're alone, pop, you're dead, now they take anything they want.
Try brute force your way through AES-256 bit encryption, that's 2²⁵⁶ keys that you need to test. They have not cracked all encryption algorithms, that's pure and simple propaganda. What they do is to obtain the key, because obtaining the key is like stealing the gold you keep in your safe. See above once again, 10 armed burglars walks in, pop, you're dead, boom now you're safe is blown open and there is your gold, and your encryption key.
You think they'll build a billion dollar cluster just to steal your personal files? which won't be enough to crack the encryption in a billion years anyway. Keep dreaming. Besides, cryptocurrency can be forked from any any block and a new encryption algorithm put in place. If they ever cracked the encryption used by a cryptocurrency and started to steal coins, a majority would agree to reverse the chain, fork and put in place a different algorithm that has not yet been cracked.
Wrong, you forgot the control aspect. If man can't control it, man can't change it. Oh an you forgot to answer the main question, what's your opinion on amazon S3 in comparison of blockchain based object storage if you had to use either one to backup your files.