Bounties are in BTC because if the money doesn't succeed the bounties will be worth nothing whereas the guys did make the work
Now that's some humility and practicality right there.
Exactly the sort of thing we would never get from the originator of SC.
While you could argue that this is a case of not eating ones own dogfood... I think it's just sensible bootstrapping.
I've no idea if this chain will be worth any attention (I'm a little wary of the claims re some new double-spending algorithm)
but at least the attitude seems to be reasonable so far!