The US government have been trying to do this for ages, back as far as 1994 there was talk about the 'clipper' chip (a chip they proposed to use for secure encryption but would let the government snoop securely), but it never happened. Now, It seems they finally found their excuse... anti-terrorism. I wouldn't trust these people with my data further than I could throw them. The potential for abuse, not just by hackers but from the government itself, is massive.

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