I prefer to store photos and videos on encrypted storage because I want to control who sees them. Storing them on unencrypted storage means I don't have that control, the storage provider does and is kind enough to let me make suggestions.
As for OneDrive, I tried it for a while but it didn't work out. Their clients and web interface were terrible and their API was severely lacking. I expect more functionality when I'm sacrificing my privacy.
I ended up going with Google Drive in the end, as you can get 1TB for $9/month with an Apps for Work Unlimited account (I actually seem to have Unlimited under that plan, which isn't supposed to happen until 4 users). That of course means sacrificing encryption but I trust Google enough to make the privacy tradeoff in exchange for extra features (OCR, Google Photos etc.).
I also buy extra storage from Google but I have had some problems downloading large backup files (50 GB, or so) that I have stored on Google Drive, so no system is perfect.
A little off topic, but Google really seems to be upping their consumer game lately with Google Music, Youtube Red, Google Movies + TV, etc. I am now less a user of other services like GMail and Search, but Google gets those monthly consumer app payments from me. I have the same kind of praise for Microsoft with Office 365.
As for OneDrive, I tried it for a while but it didn't work out. Their clients and web interface were terrible and their API was severely lacking. I expect more functionality when I'm sacrificing my privacy.
I ended up going with Google Drive in the end, as you can get 1TB for $9/month with an Apps for Work Unlimited account (I actually seem to have Unlimited under that plan, which isn't supposed to happen until 4 users). That of course means sacrificing encryption but I trust Google enough to make the privacy tradeoff in exchange for extra features (OCR, Google Photos etc.).