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Its only burning SteemDollars. thats what happens to promoted posts. if you use sd to promote a post, then those SD get burned. they did that so no one person can get rich off of the promoted. It's weird , yet makes perfect sense.

Thats what you say,and i call it mambo jumbo,smells scam...

https://steemit.com/steemit/@steemitblog/introducing-promoted-content
Nope not a scam, its right there on the blockchain. you can see the sd in the null account will not move, it just stays there till they burn it.

it just stays there untill the group of scammers take the money you mean

Well leave steemit then, if you dont trust it. Your choice! It's a free world! :)

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