In perhaps a similar fashion to how prediction markets commingle the entire spectrum of information from insider to random guesses, this would seem to be castin

In perhaps a similar fashion to how prediction markets commingle the entire spectrum of information from insider to random guesses, this would seem to be casting a net over a spectrum ranging from close friend to complete stranger. Those on the former end are already somewhat incentivized without the bounty, while those toward the latter, for whom the monetary incentive is the greatest, are the least well-positioned to deliver. The higher the bounty, the greater the pool, but it only widens at the far end of familiarity, so premium bounties would seem to be a waste. Perhaps the rationalist response to that would be that there must then be an equilibrium point for the bounty, but I’m not sure how one would even begin to empirically establish it.