Uuuh, things are gonna get interesting!
Putting on my tinfoil hat here, if this goes through I forsee that we'll see a lot of fearmongering about malware in the near future, and even some well publicized cases of malware infecting people who go outside of the established app stores.
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Indeed, that is the argument Apple is making, and at the same time the app store itself seems riddled with scammers.
[0] https://news.ycombinator.com/item?id=27413934
[1] https://news.ycombinator.com/item?id=14526156
App store is full of scam right now so wouldnt be a big change xD