We still don't know how effective promoting posts will be. Say they spend 100 dollars promoting a post that makes 800. Who's to say it wouldn't have made that money anyway? We don't yet have any metrics reporting these things.
And promoted posts are not "targeted", so by internet standards, they are already an archaic form of advertising.
Also, every time a post is promoted, the value of STEEM goes UP.
We still don't know how effective promoting posts will be. Say they spend 100 dollars promoting a post that makes 800. Who's to say it wouldn't have made that money anyway? We don't yet have any metrics reporting these things.
And promoted posts are not "targeted", so by internet standards, they are already an archaic form of advertising.
Also, every time a post is promoted, the value of STEEM goes UP.