This means if you're ever a target of an investigation, or a political agenda against you - they can use all of this data, and find the perfect thing that would take you down. Dotcom says this is "wrong", and decided to create a solution that over time, it would encrypt more and more over time. It starts off with data at first, which will then move to e-mail, VoIP, and their APIs will allow developers to create their own tools.
Dotcom, over the next five years, wants to encrypt over half of the Internet - huge claims here, but this would be something that we need. Dotcom doesn't like where we're headed with the government thinking they can spy on everyone, and really wants to change this. Watch the entire 24-minute interview, as it's a really great piece to watch.
Source: TweakTown