The EU has neither the right nor the ability to deliver on that threat. I will continue to ignore the GDPR, as I ignore the ridiculous cookie laws, without worrying about European police raiding my home at night.
But I will take no actions on my end to implement EU laws, and it's laughable that some people in this thread imagine the EU has the power to coerce me to do so.
I don't like what is happening here, but when people want a particular outcome strong enough, they tend set aside more principled concerns.
Enforcing laws internationally is easy, considering that there are systems designed to allow the police of one country to freeze the assets of citizen of another country.
You might just wake up one morning with your bank accounts frozen and your credit cards revoked if you violate the GDPR.
Governments have previously seized entire airplanes to pay for a single $500 fee that an airline refused to pay, don't expect it won't happen to you.
Please, spare me. I'm no more worried about EU laws than I am about China seizing my accounts for mentioning Tiananmen Square. You overestimate the EU's reach.