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Re: Third World Man
At 9:41 PM 8/21/95, Adam Shostack wrote:
> Strong cryptography is needed for a secure information
>infrastructure. If American companies aren't allowed to build secure
>infrastrucure, then parts of the infrastrucure will move overseas, as
>insurance, liability, and deployment costs rise for a badly secured
> This issue will not cause the USA to become a third world
>nation, but it will contribute to large institutions moving their data
>processing out. Tim, you've talked a lot about how companies will
>move data centers out of the US to avoid 'expensive' laws; do you see
>the ITARs as being in a different catagory, than say, the laws on
>reporting a bankruptcy?
Sure, they will move some parts of their operations to other jurisdictions.
They already are, for various reasons. Most large U.S. companies are of
I didn't cite examples, and won't now. (But you can imagine a few of the
many successful U.S. companies: Sun, Intel, Microsoft, SGI, Qualcomm,
Altera, Merck, and on and on.)
I am not saying that things are as they should be. And I am not a U.S.
chauvinist. I really don't care which countries do well, so long as my
investments continue to do well.
My point was that hyperbole about the U.S. being on the verge of becoming a
Third World nation is wrong. As Sternlight might put it, "arrant nonsense."
Timothy C. May | Crypto Anarchy: encryption, digital money,
[email protected] (Got net?) | anonymous networks, digital pseudonyms, zero
408-728-0152 | knowledge, reputations, information markets,
Corralitos, CA | black markets, collapse of governments.
Higher Power: 2^756839 | Public Key: PGP and MailSafe available.
"National borders are just speed bumps on the information superhighway."