2 things struck me soon after joining Steemit, one was the transitory nature of the blogs, which I suppose is designed to push people to blog regularly to benefit, and the second was the financial principles upon which it operated - which to this day, I still flop between, OK maybe that will work, to, I'm really not sure I understand how it could work. For me, I think if it were somehow possible for blogs, which many invest a lot of time and effort in producing - could retain 'some' value and henceforth validity after the seven days. As for the second, I'm not sure there's a solution, and only time will tell. I can read 3 or 4 blogs by people who seem to have an intimate 'in' on how Steemit is really functioning, but all drawing different conclusions. Its confusing to say the least.
The cash incentive does also lend a disingenuous taste to the dish - of your 7% who is really interested in anything more than jumping on a good payout :)
I feel your not that way inclined :) and like me, probably just here because you enjoy doing what you do, writing singing playing, sharing your thoughts whatever. The idea of developing this platform into a more mature environment, would be to integrate more with other platforms and other systems of finance, in a similar way that YouTube has with videos, whereby a click has value regardless how old the material is. Maybe that would be a death blow ... but I wonder how else the platform might become more content than cash oriented. Its really a question of how you make it matter to people, else as you intimate, its population may be just as transitory as its content O.o
Anyway, thanks for your thoughts, and well done on 4000, after all, 7% of 4000 is better than 7% of less than 4000 :)
The original payment system meant that posts could keep earning for a month, but that was reduced to a week for some reason. I wish they could earn indefinitely, but that may put too much processing load on the witnesses. It's not ideal, but better than nothing. This is why I put something in my footer about rewarding a recent post if the one you are reading is old.
I'm enjoying the community here and the money is a nice bonus. For now it's not changing my life, but who know where we will be in a year or two...
I suppose I was thinking more a tiered system, retaining both incentive with higher payouts on new blogs, and a value, albeit lower for interest in older blogs. Anyway, my experience of these things suggests that if the platform survives, it will find its own style and direction. We shall see :)
It's all a big experiment. We may see more changes in the next hardfork, whenever that is. The communities feature may help the smaller players. There's more the big guys could do to help nurture talent.