Eight Epic Failure of Regulating Cryptography

A very illuminating article on Eight Epic Failure of Regulating Cryptography and common misunderstanding by government regulators that doesn’t have a wide view on how technology works.

Ignorant government regulators does not understood that strict regulation would have the following drawbacks:

1. It will create security risk
2. It won’t stop the bad guys
3. It will harm innovation
4. It will harm US business
5. It will cost consumers
6. It will be unconstitutional
7. It will be a huge outlay of tax dollars