Bidzos on CNBC, discussing Leahy's Bill
I'm watching Jim Bidzos being interviewed on CNBC...mainly about Leahy's bill (he's in favor of it)....(One of the benefits of having CNBC business news on all the time while I'm here online.) He thinks it's a good bill, good for U.S. industry, good for California...says some of the language in the bill still provides for "key escrow" of some sort (I think he means the criminal use of crypto provisions....). He still thinks customers absolutely do not want any other parties to hold their keys ("You don't give copies of the keys to your front door or your filing cabinets to the government now, so why should you just because the medium changes from filing cabinets to computer form."--paraphrased). No further word on RSADSI going public, though. (I'm constantly surprised that this hasn't happened, what will all the later-comers going public, and the general hyping of "Internet security" (not that it isn't important, just that it seems that any company with these magic words in its name or prospectus zooms through the roof on IPO). --Tim Boycott "Big Brother Inside" software! We got computers, we're tapping phone lines, we know that that ain't allowed. ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@got.net 408-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, Higher Power: 2^756839 - 1 | black markets, collapse of governments. "National borders aren't even speed bumps on the information superhighway."
I'm in favor of the Bill because it specifically prevents, by law, the US Govt from mandating key escrow. Also because it would, by law, force export control of crypto out of the Dept. of State and into the Dept. of Commerce, effectively allowing any crypto used in the US and "widely available" to be exported. (The bill does a few other things. One, it provides for criminal penalties for key holders who abuse their role as an escrow agent, assuming anyone *chose* to use key escrow. Second, it makes the use of encryption -any encryption- a crime if used in the commission of or support of any criminal activity. I think the bill would be better off without these provisions, but I suspect this is an attempt to give the administration something.) I anticipate that the Administration, led by the intelligence and law enforcement interests, will vigorously lobby against this bill...
participants (2)
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jim@RSA.COM -
tcmay@got.net