> What's unacceptable about it (or any other software for that matter) closed-source?
Lots of things. Lock-in for once. Warp's VC decide they want an exit and Warp becomes 50usd/month sass or some sanctions block you from using Warp. You're hole workflow, scripts etc are basically dead. Also, what is in that closed source? No one can audit it and it's literally the environment that contains all of your secrets.