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I don't know who would bail them out, considering that bitcoin is an unregulated international currency. It isn't tied to any government or national entity. It

by lottin 6y ago

I don't know who would bail them out, considering that bitcoin is an unregulated international currency. It isn't tied to any government or national entity. It doesn't belong to any jurisdiction. I don't think bitcoin "investors" have any lobbying power either.

xwolfi 6y ago
The people scared of a violent revolts and the populist riding on it? Why do they bail homeowners who cant pay their loan? (or "banks" like every anarchist yell since 2008... No bailout, no more loans for everyone, no more support for politicians.
- JumpCrisscross 6y ago
  > violent revolts and the populist riding on it? Few of any country’s elite, nowadays, would be better off fighting a revolt than fleeing with their capital. It’s probably the defining characteristic of modern revolutions compared with pre-Industrial ones: the increasing intangibility and thus mobility of skill and capital.