RE: Open letter to Dan - how witness pay is ruining the economy, and how this can easily be addressed

[mada]

Right. Even back-of-the-envelope calculations suggest that an event costing some $100K to host in combination with 160+ people paying (in many cases) $thousands each to attend will put downward pressure on the price of the currency in proportion to the extent that these expenses are funded by the sale of STEEM.