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RE: Technically one year, functionally one month... here's to an evolving Steemit!
I hate that a post is worthless after 7 days.Whether it was the 24hr/30 day payout or just the 7-day payout. Both of those imply that your story, picture, painting, drawing, novel, sculpture, opinion, etc, are worthless after the payout occurs and they are not. If there is a button to claim rewards now, why can't there just be a button to claim rewards on posts and never have a specific payout time? Just keep the counter going and the author can collect whenever they want. If there is a rewards pool, why does it matter what day the reward is taken from the pool on a post?
I don't understand the reasoning at all. I get why a payout makes sense after an initial period of time, but why not allow a secondary period of time and a second payout, or regular payouts every two weeks after the first week?
If it's not a technical challenge and purely a choice, I wonder if the logic is to incentivize new content by negating the value of old content? If so, that may make sense to create a lot of content quickly, but it does not make sense for the long-term where quality should be more important than quantity.
I can sort of see how it makes sense for blogging only. But all other forms of content hold value forever.