I think you misunderstamd my argument. I am not saying "real currency is better than crypto currency because the value real currency is backed by the government" I am saying that "cryptocurrency" is better than real currency (at least in some ways) because its backed by intrinsic value, like gold or any other commodity. Crypto is not fiat money. The two should never be represented as the same thing. Because crypto (and, iMO especially steem) is NOT materially worthless.
At the end of the day, the argument that "anything we want to call money is money and its all just numbers on a screen and the crypto revolution will come if we all just peter pan it and believe hard enough" isnt going to convince anyone. It will work against adoption and decentralization.
this is my take on the material value of steem... https://steemit.com/steem/@sigmajin/not-like-the-others-why-steem-price-hasn-t-come-close-to-peaking
Thanks for the feedback sigmajin. I'm still learning myself so I'll edit the post to reflect that when i get a chance tonight.