[aborsy]

EU is worried about the European data stored in US (for good reasons). They don’t want their digital assets leave the region, even if the American services are good.

The price is also not $10 per month. You have to increasingly upgrade for features that Nextcloud offers for free, particularly if they are used by enterprise (like multi user accounts).

[pointlessone]

You can get Storage Box from Hetzner for like €10. It’s a simple Samba/WebDAV/SFTP network drive and works fine. Nothing fancy, just storage.

[aborsy]

That’s hosted storage. It will be hosted in EU, but otherwise is similar to hosting on Google.

In my opinion, nextcloud makes sense when you want to host your data on your hardware.