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Jellyfin is more open, while Plex hides a lot of its most poweful features behind paywall. You can run it off a NAS, although running the server on a NAS is not recommend because they cant handle transcoding well. But you can always point the server at your NAS for its libraries And its all self hosted, so however you get your files works. I prefer torrenting myself 😉

simple answer on how it's better: it's freedom tech, plex isn't there are also a lot of unlocked features, better privacy, but nothing beats that primary reason