Good points. EVEN IF Bitcoin ends up in the crypto junkyard, it will have acted as the "trojan horse" which enabled many of us crypto-enthusiasts to educate ourselves on the technology. I have made the smart move of selling some of my BTC to buy the more functional cryptos (such as Steem). Have also done the same with some of the BitcoinCash I got from the main hard fork last year. I thinking I have settled on holding ONE Bitcoin and ONE BitcoinCash (a nice, simple number) and using anything above that to diversify. Hedging is always a wise move with any investment strategy. In terms of Steemit specifically, I agree that it is here to stay, since it is build on the foundation of human communication, which will NEVER be eliminated. Therefore, the "fundamentals" of Steemit are (in my opinion) a shoe-in, and now it is just a matter of polishing up the platform (we are, after all, STILL in "beta" mode) to eliminate those "nasties" which are getting in the way of mainstream adoption. But we are getting there. I am ALL-IN on Steemit, as it is a MAJOR part of my daily life, and so investing in the currency is a HEALTHY part of the overall endeavor...