Comment by yed

Absolutely not, contract law cares most about what is written in the actual contract, not what you say you intended by it. There is no way I can risk using this in a commercial SaaS app given the license as written. In comparison, Sentry's BSL license (which you mentioned in another comment) does not have the same flaw. I can use open source Sentry to monitor my commercial SaaS app no problem based on how their license is written.