Back then I was sure it was only a matter of time for other hosted database providers to move on from EBS.
But until Planetscale made a lot of noise about Metal no one seemed to bother.
It still matters who holds your data. Yes they can't read it, but they can hold it ransom.
What if the US decides it wants to leverage the backups in tariff negotiations or similar? Not saying this would happen, but as a state level actor, you have to prepare for these eventualities.
That's why you backup to numerous places and in numerous geopolitical blocs. Single points of failure are always a bad idea. You have to create increasingly absurd scenarios for there to be a problem.
Aiven (not working for them, just a happy client) started offering local nvme disks for their postgres service in 2017. (https://aiven.io/blog/larger-and-faster-aiven-postgresql-pla...)
Back then I was sure it was only a matter of time for other hosted database providers to move on from EBS. But until Planetscale made a lot of noise about Metal no one seemed to bother.