It does not matter anything in this case. It’s open source, it’s community-driven, and governance structure isn’t a moat. It can be forked in a matter of days, especially given that there exist independent European structures to support it.
Wikipedia is not community driven. About as public as so called public ownership in reality. It is clearly directed by a small group of people, mostly those with enough time on their hands.
Most folk can no longer edit it. They're blocked.
There are clear biases in its content provision, such as its coverage of certain rich people and establishment bodies.
> Most folk can no longer edit it. They're blocked.
Is this some sort of conspiracy theory? It’s just plain wrong. Wikipedia may block certain people, but it’s definitely not anywhere close to majority of editors. It’s easy to create an account and edit almost everything. It does have editorial policy and editors may have certain bias, but it has nothing to do with the fact, that you mentioning Wikipedia as some American monopoly were wrong.