If you use a cloud-based drive locally, it's reduced to the speed of your internet connection. If you use a local copy, you have to set up something to sync it

If you use a cloud-based drive locally, it's reduced to the speed of your internet connection. If you use a local copy, you have to set up something to sync it with the cloud version, or sync it manually. Dropbox keeps a local copy for speed, and also syncs automatically. It's the best of both worlds. It's also easy to use. It also keeps a file version history.