Earlier quoted context omitted.
OMEMO and its implementation in Conversations has been security audited by an independent entity. Other than that, sure, you have no guarantees, yet it's still desirable for such critical security components to be free, or at least "open source".
That's all fine but not responsive to my point. GP post said "but what if whatsapp silently hamstrings e2e overnight" -- my point is: what if my XMPP client/server does? EDIT: I previously said "turns off E2E", which I didn't say in my original referred-to post, and that's more misleading than "hamstrings", which is how the actual attack works.
If the client is open source, you can verify exactly what it does. Compile the app yourself or download it from F-Droid and you can be sure that the binary you get matches those sources.
Sure you can argue this all the way down to "Trusting Trust", but that doesn't really make sense when comparing two apps/ecosystems that operate in the same real world's constraints.