you are on point my friend.

Bitcoin, Ethereum are trading pairs. Once you have them, you can pretty much trade them for any currency. One thing to note is that exchanges are switching to their own cryptocurrency as trading pair. It is a paradigm shift towards alternate trading pairs. The hope of the exchanges is their own currency comes out on top as the next Bitcoin. Imagine that. Bitcoin pried loose from their thrown.

STEEM has an opportunity in this new race for the top position for trading pair. What STEEM is missing is an exchange of their own in which STEEM is the central trading pair to everything else. If someone were to build such an exchange, they will automatically have a huge customer base. They also would be made ridiculously wealthy.