Comment by bicubic

Bingo.

It started with my laptop running incredibly slow. A bit of digging showed dropbox saturating an entire cpu core despite no recent changes being made to my dropbox folder. What was happening at the time is a lot of disk activity on a folder that Dropbox should know nothing about. I'm not 100% sure but it also seems to me that Dropbox is monitoring all FSEvents on my machine and doing something with them.

I've been a paying Dropbox user for several years, but this has tipped me over the edge. The only way to regain my trust at this point is providing an official explanation of what's going on, with technical details. I'm paying for a service to keep my files safe and sync them across devices, nothing more, nothing less. Now that I got the impression that Dropbox is doing something outside of that envelope, even if that impression is wrong, my money is going to go elsewhere, probably to a competitor.