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I agree in that case but be wary with these kind of assessments. There are tons of regulations that are meant for big players but can also affect much smaller negatively.

For instance I don't think to this day it is possible to operate a Mastodon server and be compliant with GPDR and the UK online safety Act. There was the famous case of LFGSS forum about to shut down due to the former, the forum was kind of saved by a group of individuals willing to take the risk but the founder stepped down from fear of legal risks.

There hasn't been home raided and servers and personal computers seized yet but that doesn't mean it can't happen and technically any EU or UK volunteer hosting some forums or open source based social media that isn't GPDR or online safety act compliant could be at risk. For most I believe it is not that they don't want to be compliant but they aren't aware of that and/or don't have the technical means without further development on the software they are using and despite them not abiding to their own user rights, most of their users would be more sad to see them shutdown than the current status of not obeying the law.

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