I agree somewhat because of the premined coins fiasco but I’m not sure what else you could be referring to, if anything.
XMPP is not viable imo because of its approach to ‘standards’ and XEPs and that its e2ee is not always on and can be turned off, not to mention not necessarily not all that good encryption to begin with since most clients still use the old versions of OMEMO and the other methods of e2ee for it don’t (yet) have PFS.
I think this is a false equivilance. One knife manufacturer doesn’t control all the knives on the market. Telegram had the ability to do something about it and didn’t.