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RE: Steemit won't get more users unless it downvotes the circle jerk posts more
I mostly agree with you. Theres a lot of random "this is great lets make money im addicted" bullshit, but that can only sustain itself for so long. However, I do think that people making the top posts frequently put quite a bit of time into their post. I think as the site grows, the value assigned each day will gradually become more evenly spread out (with some necessary extreme outliers).
I can't really faulty them because they're not lying, Steemit did make them rich. But they got rich when they bought Steems at 20 cents a piece and it exploded over a few days. That's not happening for the new users right now, might as well be open about it.