myth tells us how, through the deeds of Supernatural Beings, a reality came into existence, be it the whole of reality, the Cosmos, or only a fragment of reality-an island, a species of plant, a particular kind of human behavior, an institution.''
I think that this concept of "myth" as a looking-glass into the reality of life makes perfect sense, even in modern contexts. Where Norse mythology was, and potentially still, seen as true religion, I think that many today still use their chosen religion as the backbone of their choices and moral judgments. It aligns with history, at least according to Eliade, that we would find connection with our history in order to make choices in present day.