Steem and Steemit are not the same thing. Steemit inc. and Steemit.com can vanish and Steem the blockchain will continue, at least for a while - until either someone else replaces Steemit inc. or another outcome occurs. You would not automatically lose the content of your wallet if Steemit vanished.
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Thanks for the response. I don't have much but I earned it, ya know? Thanks for easing my mind. I know you understand blackchains and all this better than I do. Thanks again!