Social democrats, socialists, libertarian leftists, privacy advocates, everyone is jizzing in their pants and saying that this is a miracle and how good it is.
Daddy EU has saved us from Evil Corporations.
This regulation is a horrible assault on freedom and freedom of speech on the internet, while also having little effect on privacy.
In fact this regulation is a blatant scam, leftists have promoted it, but I view nothing positive about it at all, all of it will backfire and it will have extremely negative consequences on the free internet.
Don't get me wrong I am a 100% privacy advocate, and yet I am the only one against this regulation, for very simple reasons.
Basically all this will do is just destroy small internet businesses. Your local pomp & mom store selling merchandise online, your local fast food, every single small business will be decimated. They will either have to block EU citizens, or if the are in the EU they will have to close down their websites because the risks will not be worth it.
I mean I guarantee you most websites will now simply dissapear and it will centralize the control of the internet into the hands of a few megacorporations, since they won't be affected.
It looks like the EU is now cleaning out small websites. I mean it's just very evil. Capitalism is getting destroyed and the EU starts to become like a Soviet Union 2.0.
All small websites will dissapear in the EU and we will be left with these giants.
Pierre Proudhorn wrote back in the 19 century that you can't tax or regulate equality into existence because that will only create a bureaucratic class and inflict more pain into the working class.
Every single fucking regulation is like this, no exceptions. Now I guarantee you in the next 10 year, most websites will dissapear or go underground because of this.
The era of the free internet is over as of today, and the Communist China style net censorship is active in the EU.