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Well, this depends on the definition of good content. I have found quite some people here the past 3 weeks, who really produce great content (for me) and have nearly no audience at all (yet). Besides that, as we know from other social media, 90% of all users are not content producers at all - but they are the audience, the 10% need and without them, the content producers would be nothing. So if there is no way for the 90% to also earn credits, the system is going to fail.
For me personally, I am used to produce content for different audiences (I actually do this for a living), and I also don´t worry for myself, but I have the bigger picture in mind and that includes also seeing different influences in a critical way.