My take on this is pretty simple. One of the many major benefits of Gnucash is the transparency of the code to everyone who builds and uses it. I could, if I were so motivated, peruse all the code and see if there's anything to worry about, why a calculation is not resulting in the numbers I expect, etc. More importantly, I know that there are a lot of people out there with much more skill and experience than me who are studying the code and protecting us from incorrect or malicious code.

With proprietary applications, there's no watchdog. I'm expected to trust some random person with my data? Not just financial information, but really once you start up a program it can access anything a clever programmer wishes to. I just don't see it being worth the risk.
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