So in order to receive payments, that is, to actually purchase cloud mining, we need to acquire C-coins? So to obtain Bitcoin payments I'd have to purchase C-Bitcoins? Is this how it works? I'm willing to give it a shot but I want to make sure I understand it.
I understand you and you are absolutely right !
If you want to mine Bitcoin, you have to buy some C-Bitcoin. If you want to mine Namecoin, you have to buy some C-Namecoins etc...