Oh, please, not again. “Lifetime” subscriptions to cloud storage for " $99.99 $3,600.00 97% off" is not a sustainable business model. Instead it’s essentially a pyramid scheme where they have to keep getting new subscribers to pay for the old since $99 is not enough to pay for their costs for a subscriber’s lifetime, especially after the substantial cut they give to StackSocial (I’m guessing 30% to 50%) which has to give a cut to BoingBoing.
Companies like Degoo typically are buying their cloud storage from other vendors, such as Amazon. So they don’t have some sort of magic that lets them store your data for free. (Edit: Turns out they did have such a technology, P2P storage, where they used your computer to back up other people’s data. But that practice was discontinued a few years ago…sounds like it was a terrible idea.)
Sometimes these “lifetime” cloud backup deals are offered by shady resellers through affiliate programs that don’t actually support “lifetime” subscriptions, such as when BoingBoing store offered a $49 lifetime subscription to SkyHub Cloud. Then, when the reseller stops paying the backup company, the customer’s accounts are deleted, along with the back up data. Not saying that’s the case in this instance, but people to need to make sure they are buying direct to increase the odds of their “lifetime” subscription lasting more than a few months.
