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An Apple fan says they lost '20 years of digital life' after using an Apple gift card
(www.techradar.com)
This is a most excellent place for technology news and articles.
Friendly advice: never put your entire life in the hands of a corporation!
Also, the migration from local storage to the "cloud" was never a good thing for us, and the small gain in convenience wasn't worth it, but most people don't seem to realize that.
Cloud storage allows normal people to better realize a proper 3-2-1 backup strategy though, since it facilitates offsite storage.
That being said, my very important stuff is backed up to more than one cloud provider, just in case.
Personally I don’t think the tradeoff is worth while. I put nothing remotely personal on other peoples computers. I’d rather lose everything. But it is not actually that big a problem, my brother has a backup that I update once a month in his safe in his house, and I have his. Should be good enough.
That still fulfils the offsite requirement of 3-2-1, so you're still good there. If you both have a NAS, then you can be each other's "cloud provider" as well.