XBTJames on Nostr: Interesting letter from Coindesk backing into Bitcoin's development costs at ...

Interesting letter from Coindesk backing into Bitcoin's development costs at $100-$200MM a year... which is insane to me. They get there by taking the number of total developers on bitcoin-related protects (circa 1,000) and multiplying by $100k-$200k... feels very high to me.
https://www.coindesk.com/consensus-magazine/2023/02/23/can-bitcoin-afford-to-maintain-its-core-network-coindesk/