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It's a free market, and the vendor has all the incentives to maximize the money-in minus the money-out. If reducing the money-out means selling cheap junk that
by Florin_Andrei 12y ago
It's a free market, and the vendor has all the incentives to maximize the money-in minus the money-out. If reducing the money-out means selling cheap junk that anyone could crack with a $7 microcontroller, so be it.
The invisible hand, fumbling as usual.
- VMG 12y agoYes, let's get the government involved. They obviously have the best incentives for enforcing strong crypto here. The strong fist of the government never fumbles.
- MattHeard 12y agoAdmitting that market failures exist doesn't imply that government regulation will necessarily improve things.