Thank Satoshi

[SkRRJyTC]

http://vimeo.com/35369616

around 8-9 minutes they are talking about the bank bailouts and high leverage.

I am so glad that in Bitcoin the losers dont get bailed out.  Free market =  survival of the fittest.

[Revalin]

That's not really true.  In a Bitcoin economy, governments can still bail out all the losers they want with as many BTC they have.

Also don't forget that MtGox bailed out bitomat.

Bitcoin is a big step forward in money, but The Market is a lot bigger than just the currency that is used.

[guywhogotgoxed]

That's not really true.  In a Bitcoin economy, governments can still bail out all the losers they want with as many BTC they have.

Also don't forget that MtGox bailed out bitomat.

Bitcoin is a big step forward in money, but The Market is a lot bigger than just the currency that is used.

mtgox used their own money to bail bitomat out. they didnt create a bunch of coins out of nowhere.