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I wish more services had student discounts
Last time I looked at it I tried to find its declared HQ, Zugerstrasse, 6340 Baar, Switzerland, and found nothing, so it probably is a mail box or a coworking space.
There is no way I trust my data with a company that has no visible HQ. Happy to be shown where it is if anyone knows, otherwise hard pass.
You would be better off self hosting anyway.
Most people probably use it with cryptomator or another encryption mechanism anyway.
