I think it’s important to understand how a typical SSL certificate is generated. Basically, there are a handful of companies that we have all agreeded to trust. When you download Chrome it comes with a set of trusted root certificates, so does your OS, etc. So when Amazon wants to create an SSL for amazon.com, the only way they can do that is by contacting one of those handful of trusted companies and getting them to issue a certificate that’s says Amazon.com. When you go to the site, you see a trusted party generated the cert and your browser is happy.
When you create a new root certificate and install it on your computer, you become one of those companies. So now, you can intercept traffic, decrypt it, read it, reissue a certificate for amazon.com (the same way Amazon would have gotten one from the third parties), reencrypt it, and pass it along to the client. Because the client trusts you it’s still a valid certificate. But if you inspect the certificate on the client side the root signer will no longer be GoDaddy or whatever, it will be you.
Fuck you