When comparing Dropbox vs Obsidian md, the Slant community recommends Obsidian md for most people. In the question“What is the best cross-platform note-taking app?” Obsidian md is ranked 11th while Dropbox is ranked 38th. The most important reason people chose Obsidian md is:
Everything is stored in your device. You can back them up, encrypt and process however you want to. Works completely offline. Read your notes anytime, anywhere.
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Easy to use
You can use Dropbox via website, by installing a desktop client that creates a folder that you simply drag and drop files into, or with their mobile app. Everything synchronizes across all devices used and cloud storage. And Dropbox offers easy methods of sharing whatever is within it.
Pro Cross-platform desktop and mobile
Dropbox is available on iOS, Android, BlackBerry, Windows, OS X and Linux. By having a client for so many OS's pretty much anyone is covered no matter what kind of device or OS they are using.
Pro Allows sharing a folder
Using a desktop client: right click on the folder you want to share and select Dropbox > Share This Folder, then enter the e-mail addressees of people you want to share the folder with.
Pro Smart updates to big files
If a small portion of the file is changed it sends/receives only the differences (not the whole file), which is fast and bandwidth-efficient.
Pro Allows sharing a single file via link
Whether using desktop client or web interface, simply right click on the file you want to share and select Dropbox > Share link, then send the link to the people you want to share the file with. The recipient does not require a Dropbox account.
Pro Up to 18GB of free storage space
Dropbox personal accounts start out free, with 2GB of space, but users can get extra space by recommending the site to friends, or taking part in events like "Dropquest", where users can win extra space by solving puzzles.

Pro Linux support
Dropbox offers native Linux support, integrates with Nautilus file manager.
Pro Reliable
Pro Desktop client has no file size limit
As long as you have enough storage available, you can upload files of any size using Dropbox desktop client.
Pro Folders can be downloaded compressed to save bandwidth
To save bandwidth and download speed you can choose to compress a folder into a zip archive for download.
Pro Adjustable bandwidth use
To not slow down the network or save traffic you can limit the upload and download speeds of Dropbox.
Pro Lots of addons and integrations
There are official and third-party Dropbox add-ons that extend the functionality of the service and add ease of use of existing features.
Additionally, Dropbox can be integrated with existing applications to bring its functionality to other apps.
Pro 30-day version control
Dropbox keeps deleted and earlier versions of files for a month.
Pro Instant disaster recovery
Your files always synced online means instant disaster recovery. When your hard drive becomes unbootable, pick up another laptop and just carry on with your life from where you last saved.
Pro Available free storage can be increased with referrals
You get extra free space for you and your friend if they sign up.
Pro Fast sync speed
Pro Locally stored, not dependent on cloud
Everything is stored in your device. You can back them up, encrypt and process however you want to. Works completely offline. Read your notes anytime, anywhere.
Pro Markdown makes for flatter learning curve
Pro Lightweight and very customizable
Variety of settings, and community themes & plugins, available from built-in marketplace. Every community plugin is open-source which means you can learn from it and develop your own.
Pro Backlinking
This allows you to link notes back and forth really easily.
Pro Fast growing
It's becoming more powerful everyday, it seems like they add many functions within several days.

Pro Cross-platform: works on Linux, MacOS, Windows, Android and iOS
Pro Very easy to use and link notes, preserves the standard form of markdown
Linking notes is a game changing feature. Very easy to use and link notes. Their implementation of markdown doesn't deviate from the standard form of markdown and so the same files can be used by other markdown programs without any consequence.
While renaming note link still works.
Pro Multiple Vaults
A Vault in Obsidian is like a database. Internal links and files are not shared across Vaults. Each Vault is opened with a separate instance of Obsidian. Each Vault can have its unique app settings and plug-ins. Useful if you have distinct/unrelated projects or "data spaces" requiring different workflows and data relations.
Pro In-line tagging
Ability to tag-as-you-write and find each occurrence of a tag in the entire vault makes it very easy to organize and retrieve notes. Supports nested tags.
Pro Infinite panes, split panes, lock panes
In Obsidian, pane = window = note = page
Obsidian allows you to open as many notes as you can fit concurrently in your screen. You can split a pane horizontally/vertically. You can lock/link panes so they scroll in sync, useful for and edit & preview modes.
Pro Functionality extensions with a growing number of plugins
Also open for anyone to develop their own extensions/plugins.
Pro Daily Notes with template
Daily Notes plug-in, when clicked, generates a new note with the current date. Great for journaling and reduces friction in your writing habit.
You can create a custom template for your Daily Note.
Pro Helps visualize personal knowledge in ways nothing else allows
The Graph view is more than an aesthetic gizmo. It allows you to grasp and recognise clusters of information, follow branches and easily filter out what you don't want to see. The "animate" option shows how your notes and links have grown organically. With a bit of tweaking to the visuals and the proper theme, your graph might even start to look like a disturbingly "alive", eerie thing.
Pro Random note
A plugin that, when clicked, surfaces a random note from your vault.
Pro Support for tags
Pro Readable as it hides the [[ ]] around links when in Preview mode
This is a big difference, as having to read through long-form texts laden with [[links]] gives friction.
Pro Slides for giving presentations from within Obsidian
Easily turn your notes into simple yet sleek powerpoint-style presentations by enabling the Slides plugin and adding the --- separator.
Pro Markdown rather than outline/blocks
Pro Keyboard shortcuts, Vim key bindings
Hotkeys can be customized in settings.
Can switch on or off Vim key bindings in the editor settings.
Pro Great onboarding experience
The onboarding consists of well-written help documentation (saved as a vault) served in small chunks and organized systematically so that you become familiar with all its features as well as get hands-on experience in real time.
Pro Community of developers building themes and plug-ins
Due to the tool being very developer-friendly, there are tons of cool developments being made to it by 3rd party devs.
Pro Page previews on hover
When you hover on an internal [[link]], you get to preview the note without opening it on a new pane.
Page preview plugin must be enabled.
Pro Intuitive and easy to use with an excellent help system built-in
The app doesn't frustrate the user - the built-in help is excellent.
Pro Embedding attachments, such as PDF
Variety of file formats are directly embedded in the markdown preview, e.g. markdown, image, audio, video and PDF files.
Pro Exporting as PDF
Allows exporting your markdown files as PDFs rendered with all of your plugins.
Pro Calendar
Daily and Weekly notes with Calendar Plugin.
Pro Graph view
A pretty, alternative way to represent links between your notes.
Pro Multiple cursors
A feature unseen in other tools.
From the help doc, "This can be useful when modifying a lot of lines in the same way, for example putting - at the beginning of multiple lines to turn them into a list, or appending [[ to a series of links you’ve copied from elsewhere."
Pro Can copy search results and paste as lists and/or links in a new or existing note
Pro Advanced search
Supports extended searching by default. Community plugin called "Vantage" allows to make more advanced queries.
Pro Git integration
Version Control for your vault with Obsidian Git plugin.
Pro Aliases
Allows to refer to a note with multiple names.
Pro Big and helpful community
There's a Discord server and a forum. Join the community!
Pro Not locked to a provider
No lock-in to a certain company - just markdown files on disk.
Pro Mindmaps
Available as a plugin.
Pro Math
Uses MathJax.
Pro Templates
Allows to create templates with built-in plugin. There's also powerful community plugin called "Templater".
Pro Diagrams
Uses Mermaid.
Pro Linking to blocks
You can link to a block - e.g.: paragraph, blockquote, heading.
Pro Metadata
Add a custom metadata to a note with YAML front matter.
Pro Sketching
With Excalidraw.
Pro Academic citations
Supports Citations and provides inserting from Zotero.
Pro SQL-like queries
Advanced queries for the data-obsessed with Dataview Plugin.
Pro Workspaces
Saving and loading workspaces.
Pro Built-in Audio Recorder
Pro Folders and file level storage which is open to manage, does not lock navigation
With other options like notion, we can not see how the data is actually stored.
Pro HTML Support
Use HTML in a note.
Pro Incredible tool for PKM (Personal Knowledge Management) which allows anyone who has a computer and an internet connection to think better and create new insights
Pro Helps with planning and organization.
Variety of planning and organization plugins, such as Kanban boards or Day Planner.
Pro Supports importing from other tools
Supports importing from tools such as Notion, Evernote, OneNote, Apple Notes, Bear, Zkn3, TiddlyWiki 5, and Roam Research. Refer to Obsidian Help for more info.
Pro Supports several languages
Translations are made by the community at GitHub repository.
Pro Discord rich presence
Update your Discord status to show your friends what are you working on with Discord Rich Presence plugin.
Pro Syntax highlighting for code blocks
Pro Snapshots, file recovery, trash folder
Pro Copy and paste images easily
When taking notes, you can just grab a print screen from your clipboard and paste into the notes without having to do any file management
Cons
Con Too little free space
There is just too little of free space available comparing to the competition.

Con Not secure
They don't apply end-to-end encryption, files are visible to admins, governments, etc..
Con No privacy
Extensive collecting and distribution of user data to commercial third parties.
Con Consumes a lot of CPU resources when syncing many files
Con All-or-nothing (non-selective) upload
Uploading generated contents (cache, compiled code, etc.) is prone to conflicts, wastes bandwidth and free space.
Con Low bandwidth
Con Dropbox keeps deleting features, chasing customers away
For instance, all photo albums got deleted. It used to be very easy to share a couple og photos, now it's PAINFUL and must be done file by file.
Con Nocive development model
Takes a lot of decisions that usually damage community, from deleting features to making impossible to use with other filesystems than ext4 because they decided without a plausible reason (they said it was about xattrs, but all modern linux filesystems supports xattrs, so it's bs.)(they remove this later, but it's too late).
Con Problems when synching between Linux and Windows devices (unconfirmed)
This summer I lost thousands of files due to this problem on older projects which subsequently needed revising and had to be rebuilt as tons of the source was gone.
Con Restricted only to 3 devices for FREE accounts
Recently dropbox decreased the number of linked devices to 3, so you can't have more than 3 linked devices. This is problematic if you use Dropbox to sync between your computers.
Con Can unintentionally delete your files if you reinstall your OS without closing Dropbox
If you reinstall the operation system for your PC and you do not close Dropbox, it will delete all files.
Con Closed Source
Con Needs to be better at block level references, searches, tagging
For example, if you want a tag a block of text, for obsidian, its the whole page that will get tagged.
Con Proprietary software lock-in
Creates dependence on the application with the promise that the content is yours but that cannot be entirely true without the application being free and open source software. You will end up altering the way you create the content to take advantage of Obsidian features and your processes will evolve for its workflows. This replicates the lock-in pain that people experience moving their highly personal information from one proprietary platform to the next when that initial platform stops serving them well, goes out of business, or becomes a bad actor.
Con Does not export to MS Word
Can export only as a PDF file.
Con Requires .md files
Can't read .txt or other plaintext file formats. Can't read asciidoc files.
(Available with a plugin.)
Con No ability to add dates that link to a daily note, when that day/note may not yet exist
You can create a backlink which doesn't yet exist; it just doesn't auto-fill for you. (Available as a plugin)
Con Too many plugins
Con iOS version works only with icloud
Does not work with other cloud folders.
Con Needs to be polished
They still need time to fix some bugs.
Con V1.0 release is terrible
Don't download unless you can't find pre 1.0 version.
