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The Comodo CEO makes it sound as if Let's Encrypt was created to personally target him and his ideas. It's one thing to see Let's Encrypt as an existential threat, it's another to attribute malicious, personal intent on the part of Let's Encrypt. I don't think people are careful to make a distinction between impersonal competition and personal competition when speaking about this.

Also, by your argument, why would any CA allow the ISRG to use their certificates to sign free certificates? In the article I linked, there was a good argument made that creating a free SSL cert creates or enhances the market for more expensive certificates. There's a path open.




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