Oh nowadays you can get 26tb drives pretty affordably, so a 4 bay NAS could be getting you 50TiB now.

Of course most people don’t need all that though… including me honestly but hey, that data isn’t going to collect itself.

pretty sure that’s meant in a light hearted fashion

Imagine not having a double digit bay NAS with triple digit Tebibytes of space.

Alternatively, your setup is kinda slow and you’re kinda lazy (not used pejoratively).

In what way? You don’t own anything on the fediverse. The people who run the various instances do.

Maybe they even have a TOS that says you own it, but then what? its still up to them to continue to host it, and they have no contract with you.

Unless you are self hosting your own instance, and only count what is on that, you own no more than with larger social media sites.

To be clear, I think that federations certainly are better than monolithic sources for a variety of reasons for real people, but they aren’t a solution for ownership.