The term "downvote" could almost be replaced with "recycle" and it might make the term a little more bearable for some.
I agree, we'll need to wait to see how it all shakes out. I've only ever had two posts above the $20 threshold, so I'm a little concerned, sure, but more determined to grow a network and keep building. Building something of value takes time and investment anyway.
Hopefully we'll see this newfound downvote power used more for good than evil!
I think there is a point to that term, front ends could apply that easily.
The threshold is 20 STEEM, so about 3.4 USD, so a bit easier to reach than 20 USD :D
Oh yes, blood sweat, tears, and most importantly FUD.