Realistically that single sent packet is going to get copied multiple times in order to re-route it just to the subscribers. We're not all one one big LAN.
What mechanism causes a single sent packet to get to all the subscribers (and only them)?
Assuming that we all have a static IP for simplicity, a sent packet needs to be routed to the subscriber IPs (via their ISPs). Where is that table stored? Is it sent with each packet so that it can be routed on the way? That would be a huge bloat of the packet size.
BTW, I do remember life before VCRs. Pre internet, I downloaded QWK packets from BBSs.
I get the appeal of removing communication from the hands of FB etc, but I don't see how switching to a broadcast system that increases unreliably would help. And I don't see how the broadcast would work on the Internet that we have.