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In the scenario proposed the VPS is the VPN endpoint. It's an alternative to commercial VPN services or hosting something on your own systems.

Whether that fits your security scenario is up to you.

If your primary goal is to get from an untrusted network (say public wifi) to a trusted network then a VPS with a provider you trust is great.




And you can push a new VPN on a new VPS with a different cloud provider. Every month. More or less




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