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by anamax
5408 days ago
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> Businesses of any size can't run without encrypted channels. Sure they can - they did before the internet. (No, the postal mail is not secure.) > Proceeding with this seems sure way to smother any economic development and relegate the country to third-world backwater status for the foreseeable future. And is any world leader crazy enough to do that besides Kim Jong-il? Pretty much every "world leader" in the last 100 years (if not longer) has shown that s\he is willing to give up some economic development in return for control and other benefits. (They arguably give up more than they think that they're giving up, but that's a separate issue.) Disagree? Name three exceptions. Besides, the effect on economic development in the short term will be almost unnoticable. |
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Anyway, "some economic benefit" is the understatement of the year. A multinational simply can not do business without secure communications. History is irrelevant; Wells Fargo wrote out every transaction on a slip of paper and manually reconciled it every night 50 years ago, but to do so today would be utterly impossible. In todays global economy, countries need to be able to do business with foreign companies or they will be a backwater plain and simple. China certainly makes some of the tradeoffs you are talking about, but do they outright ban secure communications? Of course not, because that would be suicidal.