Liked the read, and Up Voted. I think all concerns are reasonable to keep in mind. So Steemit owns over 50% of Steem... if Steemit fails than I think what we will first see is a stop of all new entries into the Steemit network(without payment); then a drastic drop in the value of Steem Power, as the Steemit Corp sells off the steem power to make the money to keep themselves operational; but, the outcome being a perpetual cycle of self destruction on the part of Steemit. In the long run I do not think the users of Steem will be hurt too badly if they stay smart in this occurrence, they will simply shift to a new platform that uses Steem. This is why I advocate the creation of a new platform now because I don't think people should be waiting for Steemit to collapse.