The occurrence of cellars is dependent more on the geography in the US. For example in Florida where the water table is very high, it makes little sense to dig a cellar since it would constantly have to be pumped out. However in the midwest and north east cellars are quite common.
I would guess it is precisely because BugCrowd is more expensive. They offer a managed program where BugCrowd's employees validate bug reports for participating companies. Speaking from experience, that process can become very time-consuming.
If I were running a startup or even a moderately-sized company, implementing and managing a bug bounty program internally sounds like a headache, and probably would be put off indefinitely. A managed solution like BugCrowd could definitely fill this void.
Is it that difficult for individuals to get approval? There are tons of small 1-3 branch banks in the US owned by individuals. I would expect it's on par with getting a liquor license or similar, background check and assets check.
Years ago I worked for a bank that was > 75 years old and had recently been bought by a guy who had immigrated to go to college and then in the next 20+ years done very well in construction. As far as I know there was more uproar over him changing the name of the bank than actually buying it.
It is and it isn't - as was stated elsewhere, for example if starting a new bank, regulators will require (and enforce) specific business plans, will limit dividend payments, will limit growth, etc. - there will be a lot of scrutiny on the (proposed) management team and you would find it hard-pressed to be able to get away without having someone with previous bank executive experience. Would imagine for a failed bank there would be similar questions on what is changing with the bank model (which may be as simple as operating with a higher level of equity to support the bank's risk profile).
I don't understand what advantage this has over just doing:
ssh -D8080 username@server.name
Also does spiped natively act as a socks proxy? I was under the impression all it did was handle an encrypted stream of data from one socket to another.