Its a double edged sword. Those who invested deserve rewards for their early risks but at the same time having most the rewards going to such a small percent of members isn't good for user retention / site growth. Personally I think a max upvote value is needed to better balance the spread of rewards.
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Yeah, and people starting out on Steemit, even without money, should have better opportunities to make a bit more Steem by blogging etc, being active on the platform in general.