Correct. When people don’t have said false sense of security, they don’t talk about important things.

Which is why things common in the olden days, like reading one’s mail and wire tapping, wouldn’t give results as good as bugging apartments or, even better, hotel rooms, restaurant tables.

I agree with you about their wet dreams, but I think it’ll even out in the end to the same situation as before. Targeted attacks - as efficient as it gets. Attacks on everyone - hardly useful, because false sense of security is not something to last long, just like exclusive knowledge of a backdoor.