This has nothing to do with watermarking. It allows anyone to provide a complaint without any evidence, about any content hosted anywhere, and puts the legal o

This has nothing to do with watermarking. It allows anyone to provide a complaint without any evidence, about any content hosted anywhere, and puts the legal onus on the person hosting that content to prove the negative (that it isn't a "fake"), with the legal requirement to remove the content as soon as is technically feasible (ie, instantly). So, similarly abusable to the DMCA, but with even broader requirements and even more-impossible-to-prove legitimacy, since it creates a whole new ill-defined class of legal ownership over content. TLDR: it's a great reason to move hosting outside of the US