#Bitcoin has become a universal bug bounty, because the state of computer security is abysmal:
Bitcoin is now a universal bug bounty . It used to be that you'd find a bug, disclose it to the vendor, then the vendor would leak press releases denying the severity of the bug ahead of your planned public disclosure date, and they might even attack you for good measure, and if you were lucky, they'd begrungingly give you a bug bounty after you incontrovertibly show an exploit. I know the kind of opposition I faced from Sun's corporate shills when I came up with an industrial-strength technique for generating tests and finding flaws, and used it on Java virtual machines. These techniques have now become a standard part of the testing process in industry, but reading the Sun press releases, you'd think that absolutely nothing had happened, and somehow we were the bad guys.