This would probably cause an overall negative experience without a pvp-focused server.
Imagine dying for no reason because somebody rich put a bounty on you without any way to fight it back vs the mild satisfaction gained from "oh, that guy has a bounty on him, may as well target him down and nobody else regardless of what he's doing"
Imagine dying for no reason because somebody rich put a bounty on you without any way to fight it back vs the mild satisfaction gained from "oh, that guy has a bounty on him, may as well target him down and nobody else regardless of what he's doing"