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Do you prefer digital or physical books?
(lemm.ee)
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With a cloud you are depending on someone else to hold your property.
Not necessarily, you can self-host. I also listed it as a backup, for actual storage on thumb drives, SD cards, etc. It's really not difficult, files are far more secure and safe than a physical book, which itself degrades upon use.
You have to pay to self host, you have to pay for cloud storage. I am not going to pay to keep books, I buy books and put them on a shelf. I can pull one off and read it when ever I please, I don't depend on any devices to read them, and I like it that way. This is how I feel.
You're fine to prefer that way, but you're just wrong about files being less secure or somehow less owned than physical copies.