Ok, well it was intended to be an opinion, so your assertion that I'm incorrect is incorrect because its my opinion, but that aside, which part?
My understanding is that your opinion is “This is bullshit because X” (where “X” refers to this law applying to Lemmy and thus having the implications you outlined) but your comment was almost entirely about it applying to Lemmy and the implications. If your opinion were “It would be bullshit if it applied to Lemmy,” I would agree with you, but point out that it does not.
This essentially adds up to government proctorship of any "public forum" on the internet, including here...
This is incorrect because the law does not apply to Lemmy. See https://en.m.wikipedia.org/wiki/Digital_Services_Act and the associated sources for more details on why. If you believe that Lemmy has more than 45 million users in the EU please share where you’re getting those figures.
So if I randomly throw an "all lives matter" right here mid-comment, which while at face value is a ridiculously benign thing to say, can be and almost always is considered to be hate speech, lemmy is entirely obligated to immediately remove my comment or face heavy sanctions from the EU.
This hypothetical scenario is irrelevant and the conclusion about Lemmy’s obligations are incorrect because the law does not apply to Lemmy.
It's an extreme caricature of an example that I assume won't go anywhere, but the point is that it could, and the deciding factor on that isn't anyone here, the deciding factor is a bunch of rando EU officials...
“The point is that it could” is incorrect because you have misinterpreted the law as applying to Lemmy when it does not.
If some Karen in Wales in the right position decides she doesn't like my comment, she could initiate a "hefty" fine against lemmy admins.
See above. Karen could do no such thing, even if she was in the EU.
It's an absurd concept, and I don't say that in the context of tuker Carlson (who I simply don't give two shits about in any context), I say that in the context of us, as a "social media" community.
This is the 5th sentence.
We are subject to this proctorship, this censorship...
This is incorrect because as Lemmy users, we are not subject to it, as the law does not apply to Lemmy.
Technically this would be true if you made this statement about those of us who are users of social media platforms to which the laws do apply, but that would be incongruent with your previous statements (and would assume that we are all users of those platforms - and many Lemmy users are not), so I find it fair to not allow for that possibility.