Earlier quoted context omitted.
I think you are right about one thing, the misreading of European law that comes from living in a litigious society. Just act in good faith and GDPR will not bite.
Just act in good faith and GDPR will not bite. Do you have $20million to make that gamble?
Then again you can stop brandishing this FUD as this kind of fine is not gonna happen to small actors. If you act in good faith and are found doing something wrong you'll receive a notification asking you to fix the issue.
Why do people think EU is dumb and will start distributing 20M fines right and left at the first offense ? Just look at how it's done up until now and what CNIL said about how GDPR will be applied.