Why do you trust Little Snitch?

I installed Little Snitch and I like it a lot and plant to continue using it. This is probably just my ignorance and newbie paranoia, but it did occur to me that it's closed source and has access to all of your internet traffic. It seems like it would be hard to resist collecting and selling that info.

So, what is that caused you to decide to trust it? It's not that I distrust it, I see it's been around …

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