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.
Credit/financing can be done using crypto in a decentralized way, without resorting to monolithic centralization.
We could probably use NEM business rules to let people do micro loans to others and receive small payments/interest in return. Trust could be handled based on public feedback and also importance score could be used as part of a rating system. This rating system could be a layer built on top of NEM, but the actual financing would be P2P, decentralized. With such a system, people could still get financing to build new things and the world would be flatter.