You can't have a crypto that competes with fiat
I don't agree with you
According to CryptoNewz "Bitcoin surpasses Russia’s monetary base and become the 8th largest currency in the world"
So, Can you imagine instead of STEEM, we earn BTC or at least ETH?
I think things would look different

What I'm referring to is political competition.
Oh! Sorry! Mad Bad! Maybe, I lost in translation 😉