Are they not worried about the devs just instantly dumping their received ION bounty coins? I would venture to say this is exactly what would happen. A lot of devs wouldn't even touch it if they had to sell the coins. Would probably my lose too much value while dumping cause there is no volume. They will more than likely want BTC outright as they wont lose the value like dumping ION would.

I'm not convinced they thought this out properly. Not everyone in the crypto world is as thrilled about ION as the team and the couple hundred or so investors.