You must not understand the value of open source.
The code is open source to make it as good as can be. From there drawing it in and closing it up is a non issue.
Controlling other contenders is trivial when you own the system.
Blockchains are a very simple data structure, few people could get it wrong, even if they tried hard. The dollar and most other western fiat currencies has been digital for decades too, just just haven't realized because the user interface has been slips of paper, checks or plastic cards which to you looks physical, while in the back end everything happens digitally.
Then the code wouldn't have been open source and spurred innovation into a new industry.
You must not understand the value of open source. The code is open source to make it as good as can be. From there drawing it in and closing it up is a non issue.
Controlling other contenders is trivial when you own the system.
Blockchains are a very simple data structure, few people could get it wrong, even if they tried hard. The dollar and most other western fiat currencies has been digital for decades too, just just haven't realized because the user interface has been slips of paper, checks or plastic cards which to you looks physical, while in the back end everything happens digitally.