After Reddit started banning mods that protested the changes by temporarily shutting down subs, I knew people (including myself) were going to slowly start to migrate to other platforms.

There really is an xkcd for everything.

Considering that you can buy some Raspberry Pi micro computers (these are ARM architecture computers) for less than €100 that are performance competitive with a lot of existing hardware; this idea would make a ton of sense for Europe to implement. I think Europe could probably start designing and manufacturing chips locally within 2 to 5 years on the low end 5 to 10 years on the high end.