All projects look great on paper. You see real issues when they are launched. Steem can be used as a currency because it is faster plus steemit has first to market advantage. One other thing about content, facebook has lot of crap content, but it doesn't get highlighted because there trending pages are not sorted based on influence tokens. They are on real upvotes.
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Agreed that EOS has yet to prove itself. But going by the success of their testnet and work initiated by several app developers on its testnet platform indicates a lot of things to come around in near future. And as regard to speed of transfer, EOS would be 6 times faster than Steem. But I agree with you that its launch won't be without any issue. It all depends on how quickly they are fixed. Fingers crossed.