If the rest of the system worked correctly this would be an issue but greater concerns that are more damaging to reward pool and steemit as a whole would be
- sock puppet witnesses
- selective moderation
- witnesses with privileges above standards of steemit
- self voting whales
- Whales setup to pay investors with no basis on quality
- vote trading between high sp holders and old users
i believe these would be more pressing issues to the economic value of the system