> I have some predictions: Gox will not be bailed out.<p>MtGox will not be bailed out because of the relative unimportance of bitcoin to the larger economy, not of any high-minded free market idealism.<p>Since the MtGox explosion, bitcoin prices (and therefore real purchasing power) are down by about 30%. If bitcoin were a national currency, the government would be doing everything in its power to prevent such a decline, including saving MtGox by any means possible. It would absolutely be too big to fail.<p>By way of comparison, Greece's economic woes drove its real purchasing power down by about 11%.