Kinda cool to have guys from the meetup there speaking on Bitcoin's behalf. But tbh I think SBR's are bullshit. WTF is the government doing acting like hedge funds?!? You got extra money.....give it back to me!
Discussion
Until the government funding and service model shifts, SBRs are going to be critically important to manage the social volatility that a return to sound money will bring. There will be a lot of government services that will stop and there will be instances where a small percentage of people really were dependent on those services and NEED help.
What keeps us civilized is our heart. Once governments can’t spend frivolously, the SBRs will be the way they help their citizens transition (as successfully as possible) to the new bitcoin standard paradigm.
They won’t be able to hold those bitcoins indefinitely because governments inherently aren’t adding value. So they’ll shrink over time, regardless.