Business : Anti-privacy laws are destined to fail, says Riccardo Spagni – Explica

November 20, 2020 By admin

Key facts:

There is a draft law in the US that proposes to eliminate strong encryption.

The business sector joins the individual rejection of the law, says Spagni.

In an exclusive interview with CriptoNoticias, who was until last December the lead developer of Monero, Riccardo Spagni, stated that the legislation currently proposed before the United States Congress, which attempts to eliminate strong encryption, is doomed to failure.

As reported by CriptoNoticias, the bill EARN IT (“Elimination of abusive and unbridled neglect of interactive technologies”) has already been approved by the Judicial Committee of the US Senate. Although initially aimed at preventing serious crime on the web and preventing child abuse online, the project has set off alarms in the cryptocurrency ecosystem, especially those geared towards privacy.

The concern comes from the possibility that this project may violate the end-to-end encryption, present in the messaging services of Facebook, WhatsApp and Apple. Further, the proposed law could go against cryptocurrency privacy schemes like Monero or Zcash.

In the interview, CriptoNoticias requested Spagni’s opinion on this last point.

I feel pretty sure that if this is so, that law is going to fail. I think there are numerous companies that rely on strong encryption. There are also enough individuals within the congress who rely on strong encryption. This is why I feel that fighting strong encryption is like fighting gravity.

Riccardo Spagni. Co-founder of Tari.

Among the reasons why he believes that a law prohibiting the use of strong cryptographic mechanisms will not progress, Spagni refers to how little scope it would have. “Even if this law is embraced by a small group of law-abiding citizens, a large