There's a lot of conspiracies and security absolutism in this thread. So while I agree that this policy is misguided, I think it's important for the community to address the actual issues raised, and not some strawmen about the government preparing to enslave all citizen etc.<p>Imagine you're a high-minded, fair, and absolutely law-abiding FBI officer charged with solving some white collar crime, like corruption or fraud.<p>You started some time in the 80s. The usual MO was to get a warrant and search someone's house and office. You'd find 60 to 100 binders full of letters, transaction records, and org charts for this criminal enterprise you're investigation.<p>Today, you find an iPhone and a smug banker telling you take it. "The new model is coming out anyway." Then, he orders a Vodka Soda from his butler and you slink out, iPhone in hand.<p>Just to be clear (again): I absolutely do not think that this scenario is reason enough to mandate backdoors. But I am similarly convinced that it happens, probably quite often. And that it would be rather frustrating to deal with.<p>It will be far easier to convince people if we start acknowledging what they already think to be true, to avoid hyperbole, and not to obscure our real motivation behind some rather ridiculous claims of technical impossibility[0[.<p>[0[: bitcoin already has 2-of-3 multisig, so 1-of-2 shouldn't really be impossible if anybody, you know, <i>tried</i>