Not really.. This problem runs far deeper than most are willing to see. First, Obsidian is using a personalized flavour of markdown, and seconds, for many heavy features it's leaning strongly on plugins which are prone to break or even die. Obsidian has a vibrant plugin-community, which also seems to die really fast. This becomes even more critical by plugins dying from changes in Obsidian itself. So while Obsidian is in theory a nice open app, it's longevity-aspect is really awful. I already had many features and plugins dying in the last years, and who know how much more will break in the next 20 years. Simply switching to another text-editor will not do, because they won't offer the missing features. So at best, you are just not losing your data, but you still won't have the tooling to use them.
Someone creating their own system, where they have full control over everything, even if they will have to sacrifice some benefit in the short run, just makes sense in a bigger picture.