That kind of implies that they are handling it now :D
If it gets to the point where millions of spam accounts are being created, it will probably be a case of, "abandon all hope, ye who enter here". Curating good content is hard enough as it is (and i'm pretty confident I spend more time than most scouring this place for good stuff). More spam might make we want to give it up completely.
(Nice to see another UK steemian on here :) )
There's a lot of Brits here. I've met a load over the last couple of weekends. I can recommend getting to a meetup if you can