I really like the permission to fail.<p>I like that there isn’t a “regulatory sandbox” that took half a decade to set up, overfitting for all possibilities that they ultimately couldn’t foresee<p>I like that people take a risk, fail, everyone can see and replicate why it failed, make a post mortum, and attempt a more resilient solution or scrap that concept all together, all over the course of 18 months<p>Just rapidly iterate to the most Machiavellian hardened solution, or dont iterate as long as consumers and investors have not learned how to discern, until they do<p>I like that the bug bounty mindshare has gone to this, instead of wasting time on undervalued corporate bug programs where pricing and eligibility (and liability) is unilaterally decided by the corporation. This externality is the only way corporate bug bounty programs even begin to become an efficient market, as payouts have to rise to attract interest.