it is for as long as your repository is undamaged.
its rare, but sometimes a repository can get damaged beyond repair. keeping it inside of a cloud storage directory like google drive, dropbox or similar makes it prone for fatal errors.
in such a scenario a backup of the full repository is required. in gits case, remote sources can fill the 'backup' role pretty easily, as everything gets pushed to a remote server. this is obviously not enough safety if you're a bigger enterprise, they'll need additional safety guards/backups, but its sufficient for most people.
its rare, but sometimes a repository can get damaged beyond repair. keeping it inside of a cloud storage directory like google drive, dropbox or similar makes it prone for fatal errors.
in such a scenario a backup of the full repository is required. in gits case, remote sources can fill the 'backup' role pretty easily, as everything gets pushed to a remote server. this is obviously not enough safety if you're a bigger enterprise, they'll need additional safety guards/backups, but its sufficient for most people.