Three-star films are still films people should see. People should even see bad movies, cause it's good for the film going diet, you might even find a good-bad movie, or a bad movie that you just can't stop thinking about.
I also think this is a function of people misunderstanding how to actually read and use Rotten Tomatoes and Letterboxd. Those platforms are not meant to be the critical end all be all. I use Rotten Tomatoes rarely, but when I do, I really scroll down to the critic's reviews and clink the links to take me to the full review on whatever site they write for, and then I spend more time on that site clicking around, or at least until I hit a paywall. I might even decide it's a site that's worth subscribing to. It really is a good starting place to find critics whose work you want to follow. Letterbox is a good way to log films you've watched, much like Goodreads for novels. Those two sites are not a place for critical discourse. It's a place to talk about things between peers, much like you would in real life. A written word of mouth, which is how movies can build momentum at the box office and gain more traction with audiences. Unless the review on Letterboxd are a professional film critic's, I don't think they should be given the same weight as a published review. Speaking of which, it's also a good place to follow your favorite critics as well, and see what they're watching and rewatching, get a real idea of their taste in film.
Both of these sentiments I think are bad for movies across the board. If you expect movies to be 5/5 all of the time, and you build up this hype you can only be disappointed when a movie is only good or great, and angry when movies are bad. And it can lead to a frustration and an unwillingness to give a new film a chance. A healthy discourse and a healthy film industry means that the good, bad, and great films are made, released in theaters, given a chance to find an audience (and make money), and have people talk about them.