Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

The status quo is broad surveillance.

You're not going to persuade many governments to adopt absolute privacy rights or fences that are too high for them to leap. See how the US is reacting to Apple's sale of devices with almost impenetrable privacy and Yahoo's encryption. [Witness - robust security can be achieved in the absence of a TPM]

You may be able to persuade governments to accept a targeted surveillance model in which there is some means to retrieve keys and a legal process that limits the number of targets to very bad actors.

That is the role for which TPMs might apply. It seems to me that hardware fails well. And this makes a difference where non-state actors are concerned.