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It's impossible for the EU to apply any meaningful enforcement action to a P2P encrypted chat system made by non EU citizen developers residing in a non EU country. Sure, the EU can declare your app is subject to this law, but then what?

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Just not being available in app stores would effectively stop its usage.

That is hardy going to be a factor. Most people are not going to care anyway and those that do will be able to install it without an app store.

Those pesky seed servers will still exist though.

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