The argument of bailout bonus supporters was that the executives at these banks should be rewarded for bad decisions.

One firm had bonuses of over $9 billion and single executives at banks which should have gone under were awarded over $100 million.

There will be no such bailout for Gox and certainly no such bonus for Mark.

Citizens who had nothing to do with Gox will not be forced to pay for its mistakes.

The company will not be propped up and protected by government.

In a decentralized Bitcoin economy a failure like this….painful and hard as it is for those directly affected as it may be….is isolated and contained.

I’m betting this method will work out better in the long run.