Europe needs to funnel tax euros to development and establishment of protocols, to provide a firm ground for homegrown social media startups to grow from.
Unfortunately #eu politicians can't get their head around the fact that social media can look different than Facebook or Xitter.
This is a huge moment. And by investing in open-source backbones & protocols European digital souvereignty could be guaranteed.
But it needs to be built, not falling from US heavens.