Re: I'm sure they know better
Not going to happen for several reasons:
1. By laying waste to their software/services industry they open the door for others. There's big money involved so why would other countries forgo both the economic boost and tax grab?
2. The genie cannot be put back into the bottle.
3. No financial institution will stand for weakened encryption as, in most reasonable countries, they are responsible for any losses incurred by weakness in their systems. Alter this burden and you destroy your banking sector also.
They can try as they might, but they are fucked on this one and they know it. Hence the persistent wailing.
Biting the hand that feeds IT
