Dehumanization aside those two aren't mutually exclusive at all - a rich psychopath would be just as releasable. The crossover that makes it appear to work for the wrong reason isn't a good system.
The system "works" by law of averages like my simple test for cancer - you don't have it. That answer is right far more often than not and lacks false positives by definition.
Really there are two problems made into one - fiscal inequity and reoffense. The theory of monetary bail was deterrence but it doesn't seem to work that well with irrational defendants and sufficiently rich, screwed, or underworld connected defendants which make the calculation rational to transgress.
All that the "extreme" demand is that wealth not be a consideration for bail. Either they are a sufficient flight or repeat crime before trial risk or they are not. Judging that is in itself a hard problem of great importance to liberty and security.
A no release before ever philosophy would be equitable but extremely problematic to liberty and expensive. It could be mitigated with very expedient trials but a proper investigation takes time. Downright luxury jail conditions could mitigate this some but the fundamental loss of freedom remains no matter how gilded the cage.
A release literally everyone before sentencing approach would also not work well barring fantastic and powerful technologies like being able to teleport them or unremovable and unblockable trackers.