Magsafe did never (and does not currently) carry anything but power to any Mac. USB-C carries both power and data.
A MacBook with a singe port is really designed for someone who never plugs anything into besides the power cable anyway. The MacBook doesn't weigh significantly less than the MacBook Air, nor does it have greater battery life. The only difference is that it has only one port, likely designed for the iPad user who only ever plugs a power connector into it (there's no reason to even ever plug it into a computer anymore).
So a MagSafe adapter only needs to supply power. A simple little plug that slips into the USB-C port allowing use of any existing MagSafe adapter.
But here's the rub. Most people do want to occasionally plug something into their MacBooks without unplugging something else, especially if it's power. A flash drive for instance loaded with pictures and movies, or a mouse. And they don't want to have to carry around a dongle to do that. So wouldn't it be nice if Apple had included two USB-C ports, one on each side, especially since there's no MagSafe connector. That way power can be plugged in on one side, leaving the other open for a flash drive, or a mouse. This is especially important since eventually someone is going to trip over the power cord, which could potentially damage the port, and then there's no redundant port to serve as backup. I don't think I've ever had a laptop that didn't develop a problem with the power port at some point (except for MagSafe). I've also had my share of failed USB ports, and was always thankful for two. With USB-C Apple has laid the ground work for a small connector that does everything, for the first time giving the user an option for power, and a potential backup. But instead of leveraging that accomplishment, they eliminate the benefits the technology brings with it, and seemingly handicap it in the process. A second port wouldn't take up any more room, nor make the laptop noticeably heavier. Yet for some reason it was out of the question. Bizarre.