You are absolutely right. Money makes money. And most people will always upvote their own stuff and try to earn even more than to support small content creators. And that's why I don't think that community “rewards pool” will ever work.
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I can tell you when it works,
I was pretty hyped when the steem-engine tokens released,
cause new communities were grown
which meant that I can use my 10-20 steem to get into those projects and get high up
back in the days I used SCT and earned about 200 SCT which was worth about 300$~
and in SportsTalkSocial I got about 150k SPORTS which was worth about 50-60$
and you get it
but STEEM and HIVE almost lost their potential for new people to get in because millionaires that can spend money just buy 400k Hive and get in the business when small people like me just posting great content and get nothing for that!...