It isn't equivelent in the sense that the progressive scanout on CRTs resulted in near-zero latency and with minimal image persistance, versus flat panels which are global refresh adding latency and worsening motion clarity. So it isn't really a "but", it's a "made even better by being rendered only one pixel/dot at a time".
Dylan16807|1 month ago
When rendering a full frame at once and then displaying it, a modern screen is not only able to be more consistent in timing, it might be able to display the full frame faster than a CRT. Let's say 60Hz, and the frame is rendered just in time to start displaying. A CRT will take 16 milliseconds to do scanout. But if you get a screen that supports Quick Frame Transport, it might send over the frame data in only 3 milliseconds, and have the entire thing displayed by millisecond 4.