The EU is already in charge of killing everything that can bring growth and expelling it from there. Technology startups that succeed in the early stages end up going to the USA to finish growing due to the amount of regulations and the difficulties to raise capital in the EU.
The same with bitcoin and cryptocurrencies.
It's terrible.
The EU and governments there make their countries collapsing by shutting down freedom of speech and allowing mass assylums as well as immigrants into their nations. It caused mass violence and a lot of issues in European countries. They tried to stop Elon Musk and his posts about things going on in EU and tried to shut down X in EU too.
More seriously, they tried to influence the USA. President Election last year according to some reports after the election.
I hope that Trump from USA will make a fool of them to see if they think twice about the policy to be carried out.
I guess why EU tried to damage Trump chances to win the USA Election, but they failed and now they will have to face with Trump in next four years. Together with Trump, Elon Musk will be big barriers and challengers for EU in next several years.