OMG no. Politician have no business making technological decisions. They make it harder to innovate, i.e. to invent the next generation of ECC with a different name.

I would argue that in the present conditions, regulation can actually foster and guide real innovation.

With no regulations in place, companies would rather innovate in profit extraction rather improving technology. And if they have enough market capture, they may actually prefer to not innovate, if that would hurt profits.

ECC is like Ethernet. The name doesn’t have to change for the technology to update.

Politicians don’t have to be dumb.