The beauty of a system like Steem is that you don't need to change to "real money", at least not in the future.
What we see happening now is that a community is building around Steem, and we can expect new developments where you can pay with Steem "money".
A nice example is for instance SteemBnB, where people accept Steem instead of money.
Btw, real money is not backed by anything either, it is printed at will and there is no gold reserve or anything else behind it anymore. At least not enough to cover the money being created.
In that respect it's the same as cryptocurrency, just 0's and 1's.
Fiat is backed by the threat of violence by state a.k.a. the monopoly of violence. The state demands that you pay your taxes in whatever fiat currency it considers legal tender. Also, entities that have accounting obligation are required to accept legal tender as settlement of debt or alternatively have the violence apparatus of the state refuse to help them with the collection of said debt.
That's true, but states have been toppled before regardless of their monopoly on violence.
Never underestimate the power of the group, when that grows large enough no amount of violence or rules will help them.
Sure, but the statement that fiat money that is also legal tender and peer-to-peer money are equal in being backed up by something is false.