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I've found the best steel is the steel in the sharp knife in my pocket or on my belt when I need it - it could be 1095, 440C, S30 or a number of others - but the key is sharp and available.
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That's been my experience, also. Argument over which steel is best/most magical/newest is a concern of steel producers and their marketing dept.
As has been discussed in other threads, native Americans made knives out of frickin rocks, which seems to have worked pretty well.