Yep, that's the idea. Your BitShares keys are like your Steemit keys (created by the same guy, Dan Larimer). If Steemit.com went away you could still use Busy.org, ChainBB.com, or even your own cli_wallet. You control the keys, so you own the cryptocurrency.
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Forgive me for re-visiting an old comment, but I thought I'd solicit your wisdom once more. I'm excited about BitShares but have had a hard time with its system to deposit fiat USD. I ended up creating a Kraken account to buy some BTC with my USD, then it'll be much easier to deposit funds (other than Steem) into BitShares.
I made a blog post a little about my experience. If you had a moment to give a read and leave a reply, I'd be grateful.
As a side note question as well, is the lower volume on BitShares the reason for the lower trade prices? I've found it curious how ETH/USD and BTC/USD prices on the market are a noticeable amount lower than other markets.