well, the Bitcoin (and Steem) have shrunk already, and maybe that is the plan for Steemit: shrink it until it fits into a thimble. What's next? A word count?
This whole issue takes me back to the pre Y2K era of primitive computers. I remember "huddling in the dark" at work on the railway in Canada when we could not process electronic train orders etc. We were prepared, switching to written orders and we had generators on standby as well (which were not necessary after all).