Earlier quoted context omitted.
It is impossible to construct a cypher with just one key, such that the good guys (spanning several allied nations, dozens of government agencies, perhaps even local police) can use the key, but bad guys (spanning several opposing nations, dozens of intelligence agencies, thousands of hacker groups, tens of thousands of individual cyber-criminals around the world) cannot. We are talking about every single person who…
You're missing my point completely. These folks very well understand that bad people can steal keys. Stolen keys have been a thing since antiquity. It's not rocket science they don't understand. Every single key in history has had a risk of theft and this is no exception. The truth is a lot of them understand this just like you. But unlike you, they are willing to accept this risk . You aren't. That's fine. You have…
They're not concerned about their own security. They believe that they will have access to tools that will make them safe, but that "those people" will be deterred, and it is acceptable to give up some basic safety for many to catch "the bad people."
And, historically, they weren't necessarily wrong. The problem is more that all of the tradeoffs and probabilities from history have been thrown at the window, because it is now trivially easy to phish the majority of a population and getting a master key gives you access to hundreds of millions of individuals that you can reach from around the globe rather than a couple dozen that you can get to in person from a particular apartment complex.
Understanding encryption is not the problem. Understanding scale is the problem.