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There is a process and it's a bit of a pain, but you CAN convert Steem to USD or Euros, etc. Yes there IS a market for Steem Dollars. They're traded on the international currency markets. You earn them by making good posts. They've gone up 30% recently compared to US Dollars in the markets. You can also convert them t Bitcoin.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.030
BTC 63077.53
ETH 2471.91
USDT 1.00
SBD 2.66