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"The government" and "criminals" are not distinctly separate sets.

How long will it survive after the backdoor leaks? How long will credit card stay usable?

E-commerce has enough problems with security already. Adding digital security as another one will be a huge drag.

After the backdoor leaks all they need to do is a key rotation.

Sure, after the damage is done. We'd prefer to prevent the damage.

yup- millions upon millions have been victims of data breaches and (at least in the US) regulators don't have the stones to levy harsh penalties.