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It depends, if the app is really full open course with no close source dependence and anti-character features like many on f-droid you can verify the code.
correct, you still have to trust the developer one way or the other
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trusting less and veryfing more is better than trusting more and veryfing less imo.
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would there be a possible way that you could still be monetized and make the app foss? I am soure you would reach a bigger number of downloads if it was foss.
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i don't think there's a way to put a FOSS app beyond a paywall, i also think the number of people who would voluntary pay for a FOSS app is probably close to zero, is your worry that we're gonna steal your sats?
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no, my worry is that you may steal some data or metadata. Or the app may have some vulnerability or backdoor that even the devs are not aware of.