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Hard agree on the data brokers, but what's bad about bug bounty programs? I'd say it's a good thing you get a reward if you help make a product more secure, and it helps discourage people from selling zero-days to black hats. Or do you mean black hat bug bounty systems? They are already super illegal
The legal hunters are cool. The black hat bounty hunters need to go choke on something thick and hard.
Bug bounties refer to specific programs that companies put in place to essentially reward white hat hackers for doing freelance offensive security audits.
I get what you're trying to say, but you're specifically referring to black hat hackers. Referencing bug bounties is muddying your meaning.