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Who would bail it out? It isn’t backed by any government with big pockets.

I'd certainly be very impressed if cryptocurrencies reached the point where they could affect the economy that much in the near future. The current market capitalization of all cryptos comes out to under $200 billion [1], while the US housing market was nearly $30 trillion as of last December [2]. So it would have to grow 150x somehow.

[1] https://coinmarketcap.com/ [2] http://zillow.mediaroom.com/2016-12-30-U-S-Housing-Worth-Rec...

Isn't "intervention" the problem Bitcoin was designed to solve?

Maybe if people are looking for long term security and insurance against risk they shouldn't buy into anarcho-capitalist fun bucks... or at least not more than they can afford to lose.