The real issue is what chain do exchanges recognize as "steem"...
Yes, I think this is what I tried to say in a much clumsier way. We could fork Steem, but that Steem would not be usable on Steemit, seeing as Steemit inc have the IP and can make sure of that.
I think if that happened there would be mass confusion, and it wouldn't be to the benefit of anyone involved.
RE: 3 Years Later Cryptogee Proved Right By Tron's Acquisition Of Steemit