The clients are OSS. Does the protocol have any backdoor?
Many people were angered by the recent update that forced users to have pins, which many didn't want. Doubly so since there's no recovery method.
The pin issue highlights that future updates could make things less secure and/or add backdoors. Various legal efforts in various legal jurisdictions are trying to enforce backdoors and it remains to be seen if whisper systems will pull out of a jurisdiction if forced to compromise on security.
Well... if E2EE is properly implemented, you could be broadcasting your messages on twitter and you'd still be safe.