Speaking of "bug bounties", I use the term liberally as a euphemism for hacking these contracts and taking everything for yourself under the observation that company/community bug bounty systems are broken and undervalued for the value they provide. Although seen as a euphamism now, I think the term is accurate especially when looking at how bounty was used in the American frontier or Wild West.
You made $2,000,042 from this without any drama, in a quick timeline even though it was technically outside of the scope of the program! I think many in the hackernews audience would have liked to have known that from the get go. Many people ignoring blockchain would pivot immediately to at least doing smart contract bug bounty research on the side just from knowing that alone, learning the extremely lucrative and marketable skills in the process. If you formatted the article to the bug-bounty timeline to payout format. You should even show some people a material thing that what you bought with it, because many people still don't understand that this is analogous and convertible to money in your bank account especially at these convenient amounts.
How much could you have seized with this bug at the time?
hmm...
FWIW this project doesn't have its own token (this L2 uses ETH as its currency just like the base layer), so the bug bounty payout is denominated in actual USD.
The actual communities for most projects and general crypto are obnoxious, and probably what has helped push or keep this community to negativity, i could see it flipping to neutral though, judging by the emails I get there are plenty builders and educated proponents here
Look at how the crypto-sphere reacted at FEDs returning "stolen" coins to Bitfinex like all praise and "justice served". Only HNers actually raised "hey guys why do you even crypto if FEDs will decide who owns what".
It all ends up being Government-coin and they like it.
Where would one even start?
US Govt hasn't returned the bitcoin to Bitfinex. Bitfinex has stated they would apply for getting it returned. This is the process these things take. All that has occurred is a DOJ/FBI seizure, indictment and arrest. I don't know what reaction you referring to and your sentences are ideological hyperbole that have nothing to do with the technology. This is a technology and industry forum. The technology allows any possessor of the private key to assume control over the entries in that private key.
I agree its incoherent, but I struggle to understand of how it makes sense to them.
So just go where the action is. Don't scam people yourself while you are at it.