Well if you believe that there is no end in sight, why would you begrudge someone coming along to make a new alternative?

Do you think he should offer to work for steemit with the conditions you just stated?
I'm aware that the development team quit, but

1. if he doesn't hire more developers, steemit is done anyway.
2. if he does, then that's where the competition comes in.

Hence....why I cheer people like @theoretical who are MAKING a way instead of sitting back, doing nothing.