That's correct, there'no possible enforcement. I think the beaurocrats in the EU don't even know what they are doing with most of the policies or "fines" they try to impose.
It will drive Europe to a sort of digital isolationism where offshore companies will either a) dismiss and continue b) cease operations there.
> I think the beaurocrats in the EU don't even know what they are doing with most of the policies or "fines" they try to impose.
I think it's like I said, it's a lot of "feel good" laws.
> It will drive Europe to a sort of digital isolationism where offshore companies will either a) dismiss and continue b) cease operations there.
I think it's more likely the US adopts a softer version of the GDPR, and it will be the EU and the US and the Commonwealth countries vs pretty much other more restricted Internet 'islands'.
I really hope we have a working decentralized alternative before that happens. It's something I want to start contributing to later this year, because I think it really needs to be a priority.
The Deloitte page I linked to gives a Chinese web store located in China with no EU presence as an example.
It's bonkers that the EU thinks they can enforce their laws in a situation like that. But then, that's why it hasn't been tested.
It's basically a 'feel good' law with no teeth (at least the extraterritorial aspects).
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