I don't really understand why people want to just duplicate existing fiat systems here in the crypto world. Shouldn't we be trying to thinking of better systems that won't enslave all of humanity?
This is a classic Stockholm syndrome reaction.
So how much of NEM's soul needs to be sold for that slot in the limelight?
Credit & Financing came before the existing fiat systems. Credit & Financing is something which goes back several millennia and it is a requirement for most entrepreneurial activity. You need an institutionalized middle man to do risk assessment and to loan out capital to entrepreneurs.
Where the enslavement part comes is the lack of sound money and the subsequent inflation & stagflation.