I already got the point about TrueCrypt being open source and not going out of business, and it's well taken. However, if you aren't going to slow down and figure out what I'm asking, then how can I trust that you fully understand what you're preaching?
I read "Regarding the part about a company going out of business, note that you have this risk even if you're using TrueCript"
I thought you meant the company truecrypt going out of business, has nothing do so with slowing down, it wasn't clear that you meant the online backup company going out of business or the encryption company going out of business.
I've lost data to both, if you want an online example, hotmail lost all my data years ago when I was using them (the e-mail documents to yourself to store in e-mail).
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