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 Why would it set bitcoin back by 20 years? It's just another fiat conglomerate. 
 For the same reason bretton woods crushed gold  
 They crushed dollar not gold 
 And yet everyone has been using the dollar for trade and saving the dollar on their balance sheets since 1945...  
 did the world stopped using gold? 
 When was the last time you paid for something with gold?  
 It's a race against time. If the Bitcoin Spot ETFs can accumulate enough to push us towards hyperbitcoinization before the UNIT launches, it won't have a chance to succeed because people around the world will recognize the singularity and move their chess pieces accordingly.  But if they launch UNIT and then defend it's value with guns in the same way that the US defends the US Dollar, it will restart the wars of the 20th century with 21st century weapons. 
 They don't need to use guns. The market will simply adopt whatever China uses, and so will you if you want to buy anything created in China.  
 That's true.