Many developers owns one or more instances in any of the many "cloud providers" out there. And most of them uses git to track their project. For th...
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Well that is just a git, what about issues, members and access rights with teams, tracking team, there is much more to just git. And maintaining version upgrades of all installed apps is a another headache.
For that, gitlab :)
Other Git placement options: Secondary HDD or SSD, USB flash, Home NAS, Raspberry Pi, ...