It doesn’t expire, you can even move the file and you can update the bookmark to follow the move.
There are legitimate reasons to give an app persistent access to a file or directory. Maybe you want it to write to a particular directory in your iCloud storage or whatever so it syncs without having to select the directory every time. A note taking app for example.
There are legitimate reasons to give an app persistent access to a file or directory. Maybe you want it to write to a particular directory in your iCloud storage or whatever so it syncs without having to select the directory every time. A note taking app for example.