Cryptocurrency is means of combating modern slavery. Isn't it?

Let me tell a little story that might make you look at Steem from a different angle.
Apparently, it began with the goldsmiths in the 17th century when people were trading in gold. Gold was heavy to carry around so people stored the actual metal in vaults and traded receipts instead. Those receipts were the first paper money.

Since only a few people would withdraw their gold at any given time, the vault owners (basically the new Bankers) began creating receipts for more metals than they actually held. They loaned out those receipts and charged interest on money — gold — that they didn’t really have. That’s how our so-called “fractional reserve” system was born.

In this system, the bankers get to make up money out of nothing, while the rest of us have to work hard to earn it. It has created a modern form of serfdom where the mass of society is now working to pay off their debt to the banks.

Under this fractional reserve scheme we inevitably become debt slaves to a ruling class of financial elite, not because they are better or smarter than anyone else, but because they have rigged the system to benefit themselves at the expense of most people on the planet.

And now think that if a monetary system that can not generate an arbitrary amount of money will replace the Fed's monetary machine?