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Hetzner launches s3-compatible object storage
(docs.hetzner.com)
This is a most excellent place for technology news and articles.
I'm not saying you're going to lose data or that it is a bad product. It's for a different use case.
I have a cluster of servers where storage box has been used for passing data between serves for batch processing. Not a lot of data but if it is not available, the while system is down. I learned the hard way. Plus they sometimes change IP addresses which is bad of you have a strict firewall.
But for backing up postgres and some other files, Storage Box is great value and it's not a problem at all if it's down for a few hours.