Ask HN: Rsync.net Lifetime 1Tb?

8 points by reyman ↗ HN
Hi,

I recently received a mail from rsync.net for 1tb @500$ lifetime (only by mail)

I'm happy with rsync.net service and my small account, but if i found this offer interesting, 500$ is a lot (for me), even lifetime, especially for long time backup ... 1Tb, even replicated, will probably cost like a usb 4 gb usb today in 2030 no ?

Actually B2 also offer ~70$ by year for 1Tb of storage for example. I use that for my RAW photo backup.

What do you think about that, i'm interested by another point of view. Perhaps rsync.net CEO (https://news.ycombinator.com/user?id=rsync ?) could explain us why this lifetime plan today ? I try to better understand/evaluate the interest of this offer.

Like i read on another reddit post 'A lifetime membership can never be proven, only disproven, and once it’s disproven, there is no-one to complain to.' : https://www.reddit.com/r/storage/comments/sfoqb4/rsyncnet_lifetime_plan_good_option_or_not/

2 comments

[ 3.9 ms ] story [ 12.8 ms ] thread
B2 is $5/TB/mo, so that's $60/year. I wrote this little program:

  c = 500
  i = 0
  while c >= 60:
      c -= 60
      c *= 1.07
      i += 1
  print 'broke', i
At a conservative 7% interest, $500 invested would pay for 11 years of B2 service and you'd have $39 left over. For the last 10 years, the S&P 500 has returned 16.29%. Using that number instead, you could pay for B2 service and after 50 years, you'd have $136K in the bank. Or, rsync.net could have it in their bank.

Personally, I'd never do a lifetime anything. I've seen too many things go bust to believe in a lifetime guarantee of any kind. These things aren't guaranteed for your lifetime, they're guaranteed for the company's lifetime.

That's too expensive, there are plenty of cheaper options available out there. They won't offer you a filesystem like rsync.net does, its mainly object storage.

For example you can have 2TB for a fraction of that cost - pcloud for instance.

Strange that they are now offering lifetime accounts, giving their stand on it in the past - https://blog.kozubik.com/john_kozubik/2009/11/flat-rate-stor...