You are correct. However where fiat currency is based on the promise of debt or war, steem is based on useful data. While the systems may remain parallel at some point the logical place for that duality to end is on the side of useful information.
RE: How I Went From Steem Agnostic to a Steem Believer in 48 Hours or Less
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How I Went From Steem Agnostic to a Steem Believer in 48 Hours or Less