As for the cloud version, I replied here: https://news.ycombinator.com/item?id=37808121
TLDR is that the cloud version hasn't been our primary focus yet and we put a high pricing on purpose that is not the final pricing, while we figure out the good pricing strategy. As of today everything is free without any limitation, we don't enforce any limit. And when we rollout the real pricing, it will be more compelling
I've noticed previously in life that if I don't correct an allegation, people will just assume the to-me-obvious-falsehood is true by my silent assent. I didn't know that I, too, fall for this stuff despite being aware of the problem.
Your pricing page says pretty much the opposite and is quite confusing — it literally just shows “Free” vs. “Grow” and no option for self hosting made clear
It is almost as if you are playing the App Store “freemium game” model but applying it to open source software. Agree with other comments — either make the full functionality free and charge for special key features (e.g. Obsidian + Obsidian Sync) or just be a free/paid closed source product from the get go, this is trying to be both and not succeeding at either.