PROMOTING BLOGS TO NULL

in #promoted8 years ago (edited)

WHO IS NULL?90bd81_1052a3404512411ab588db784732b3ba-mv2.jpg

2 days ago I decided to try out promoting my blog see what would happen. So after righting a very personally inspiring blog I sent 1SBD to the transfer account linke
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link here https://steemit.com/life/@tuakanamorgan/my-dream-job-became-a-real-job-based-on-a-true-story

Then after checking Null I realized this. Whats going on here? no blogs ?no steem ? and joined in 1970?

After further investigation my assumptions that null was a bot and that all the funds going to null were being whipped.
This would be a good thing for the value at keeping it steady and secure? or would it make the value decrease?
Thoughts?

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Null account burns your SBD. It is similar as to send a file to /dev/null device on Linux machine. SBD burning is good for SBD ex-rate, but currently SBD to null flow is about 0.5 SBD per minute in average (it is too small).