Earlier quoted context omitted.
What you do or do not do should not be grounded in the consequences that you will face but in what's the best for your users. If you feel that your users rights are of no concern to you then you are of course entirely able to ignore this law and to pretend it does not exist because in practice there will most likely not be any consequences whatsoever. You do not have a place of business in the EU, you do not transact…
"You do not have a place of business in the EU, you do not transact any business there to begin with so you are free to ignore the law. " Wrong. If you have a customer from the EU or any component of your infrastructure in the EU, you must comply with GPDR.
Nope, you have to specifically target people in the EU:
"In order to determine whether such a controller or processor is offering goods or services to data subjects who are in the Union, it should be ascertained whether it is apparent that the controller or processor envisages offering services to data subjects in one or more Member States in the Union. (...) the mere accessibility of the controller’s, processor’s or an intermediary’s website in the Union, of an email address or of other contact details, or the use of a language generally used in the third country where the controller is established, is insufficient to ascertain such intention"