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By your argument, should we do nothing to try and stop bank fraud? We do lots, including tracking large transactions. Most people agree this is a reasonable th
by CJefferson 3y ago
By your argument, should we do nothing to try and stop bank fraud?
We do lots, including tracking large transactions. Most people agree this is a reasonable thing to do. Most people are, I suspect, more upset by CSAM than by bank fraud.
- A4ET8a8uTh0 3y agoYes, but, and this is the important part, we do not break entire banking ecosystem to find couple of fraudsters. This is the crux of the issue. The proposal to break encryption to prevent CSAM is the equivalent solution. Just from that perspective alone, it is an arguably bad proposal. It is, in short, not a reasonable proposal. You would not break a banking system to achieve a relatively minor goal of catching some fraudsters. That is just a no to most people. Similarly, attempting to break encryption to catch some CSAM is about as bad a proposal. Just to add to this, you are conflating tracking BSA, CTR and couple other things and trying to fit it into CSAM. << should we do nothing to try and stop bank fraud? To rephrase your argument, are we doing nothing? By your admission we are already doing a lot under BSA ( I would argue we do too much, but that is a separate conversation ). The proposal for CSAM is nowhere near the level of intrusiveness that BSA operates at and BSA is quite intrusive.