Bitcoin doesn't eliminate the need for bailouts. It doesn't even do lending, at least nobody is crazy enough to borrow something that is going up in value.
I think it's more a point that it's a currency that it is effectively impossible for anyone to change the supply more than it doesn't need to be bailed out.
Well, essentially it seemed to be pointing out that existing financial systems are inherently unstable by design. Whether these alternatives do any better is a different topic, I was merely answering the question above.