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RE: So who is actually paying the Steemit bill?
If the "promoted" feature is such a failure, then why are hundreds of dollars per day getting burnt? Wasn't that the whole point of it? To create demand for our (us investors) product?
Imho "hundreds of dollars" is a failure. Do you use it or look into it? I haven't met anyone, but I'd be glad to be wrong. Plus: burning SBD is no incentive to buy Steem or is it? It's not the same as having to have Steem Power to get visibility.