I really don't like this idea now. I think the way it is works perfectly fine and the high Steem Dollar is more incentive to draw better content creators in as well as incentivize current Steemians to do better.

We already have SP holders able to vote with varying weight to determine the value of a users post/content to them. I think that is a very fair system. Sure, it could be abused. But, that's why we have flags as well and any social media on a blockchain is subject to abuse simply because of the decentralized nature of blockchain technology.

There's tons of content that bring people into Steemit through search engines and other traffic sources. To say any content is deemable as lesser value is over controlling. Allowing the users with more SP to have more powerful upvotes is the best way to determine what is good and what isn't. The system is working well as it is. The payouts are great for those who do produce good content. Guarantee that aren't making that kind of money per blog/post/video anywhere else. Well, 99% of people I would guess don't get paid what they do here on other platforms. That is a major reason people will be drawn to Steemit.