The concept of bug bounty programs has been gaining attention, with some questioning whether they can replace traditional penetration testing. The author argues that the current penetration testing model is flawed due to factors such as limited actor involvement, incentivization issues, and inability to keep up with agile development. In contrast, crowdsourced security assessments offered by bug bounty platforms like Bugcrowd aim to provide continuous security coverage and improve ROI, potentially replacing traditional pen testing in some instances. The author plans to address common misconceptions about the penetration testing space and gather perspectives from industry leaders and experts.