RE: I have a couple questions about promoted posts.

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I have a couple questions about promoted posts.

in steemit •  8 years ago 
  1. You can promote other posts if you feel they deserve more attention and/or deserve a better payout.

  2. All money goes to the account @null

  3. This is probably open for debate, and you will probably get a variety of answers on this question. Personally I like it, although I did spend $6 promoting my last post, and only made $0.06 on the post itself... so I definitely lost money and will probably skip any future post promotion of my own unless I think my article is amazing.

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The money that goes into @null will be taken out of circulation according to what I understand. Just adding to driv3n's answer.

Thanks, and yes I believe you're correct about that.

Thank you all for your responses.

Doesn't it seem a bit dangerous to have a massive pool of money taken out of the economy by simply locking it away on a normal steem address?

I believe it gets removed periodically and "burned" but we'll have to see what changes are made in the future.