If you read that thread or search for specific points that you're wondering or skeptical about, you'll see that a few of your assumptions are inaccurate. If you read and let them dispel themselves, I think that you'd be much more confident in the project! Good luck!
not at all, there are too many projects to keep up with haha
Yup, tons of projects out there. Here's the thread, I suggest you read into it: https://bitcointalk.org/index.php?topic=1462351.0
If you read that thread or search for specific points that you're wondering or skeptical about, you'll see that a few of your assumptions are inaccurate. If you read and let them dispel themselves, I think that you'd be much more confident in the project! Good luck!