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I'm aware 95% of security researchers think #2 is a nightmare and makes security worse, but I believe they are simply revealing their libertarian-anarchist ideology. We just got through a period where enormous sums were invested in web 3.0 crypto-systems with outlandish ultra complicated architectures for everything from micropayments to whole network states (etc) and it was all pursued with doe eyed zeal. It is absurd to claim a system where law enforcers have a backdoor is not a solvable problem.
They're both nightmares, only #1 is more honest about it.
Of course that's a solvable problem. But such a back door is destruction of security. And being universal, it's a rather less-than-controlled destruction of security.
The problem to be solved with law enforcement backdoors is not destruction of security by itself, it's law enforcement abusing the backdoor and not telling us. And you're not solving that problem.
I don't think @dr_analog thinks that's a problem.
To be clear, I think police abuses are bad. I consider that a problem. I don't think it's unsolvable or that it is destruction of security. At least not moreso than any other rights. I don't think someone would say the security around your property rights don't exist or are destructed because a police officer can theoretically steal your property and tell you to suck it.
By "We just got through a period where enormous sums were invested in web 3.0 crypto-systems with outlandish ultra complicated architectures for everything from micropayments to whole network states (etc) and it was all pursued with doe eyed zeal" I mean that it's absolutely possible to construct a system where law enforcement has keys to unlock crypto with some semblance of due process. The problem previously is that it's been done so secretively (since the community response is so outraged) that nothing with a sound design has been produced.
I cant stress this enough; the cypherpunk community warned us at length of how impossible it would be to prevent abuses if you give law enforcement a backdoor and then during web 3.0 cheerfully advanced pitch decks for protocol research labs for moving all social media to blockchain, tracking and enforcing all property rights either through blockchain or DAOs, doing anonymous voting, insurance, exchanges and a hundred other libertarian fantasy replacements for the state that balajis could generate.
Take their hysteria about police backdoors with a grain of salt.
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