Would a bill really eliminate the concept altogether? It might make their business more expensive in certain parts but there are multi-billion dollar criminal empires that invest in things like their own submarine tech. Do you think e2e encryption isn't something they'd develop in-house & resell to each other?
At best it might help catch some street level crime but any serious organized crime (which arguably is a bigger problem because it's organized) will have the tools available anyway. Consider it this way. There's already a black market for security exploits with exploits frequently costing far more than they might actually otherwise be worth (there's a limited time utility before the exploit is patched). How much do you think e2e encryption would cost & do you think there's not going to be buyers & sellers for this? Especially since, unlike exploits, this is an infinitely distributable solution. I can sell to as many buyers as I want without risking my revenue stream.
On the technical side we've observed what happens with this stuff. We'd be one Snowden-style leak away from all websites instantly becoming vulnerable. Do you not think that might be valuable to adversaries of the USA?
At best it might help catch some street level crime but any serious organized crime (which arguably is a bigger problem because it's organized) will have the tools available anyway. Consider it this way. There's already a black market for security exploits with exploits frequently costing far more than they might actually otherwise be worth (there's a limited time utility before the exploit is patched). How much do you think e2e encryption would cost & do you think there's not going to be buyers & sellers for this? Especially since, unlike exploits, this is an infinitely distributable solution. I can sell to as many buyers as I want without risking my revenue stream.
On the technical side we've observed what happens with this stuff. We'd be one Snowden-style leak away from all websites instantly becoming vulnerable. Do you not think that might be valuable to adversaries of the USA?