It has to start over getting listed on exchanges.
You are thinking about this from a legacy economy point of view.
You, like many others, believe Steem is an old asset because the CENTRALIZED EXCHANGES say so and be cause the CORPORATE BRANDING say so. We have all been brainwashed by how things have operated our whole lives. Crypto is different. This is an open-source cooperative economy that NO ONE truly understands, just like the legacy economy at large. There are too many unpredictable variables and emergent dynamics.
I have different balances on Steem and Hive
No, you didn't, unless you were on that shitlist and got your coins sent to @steem.dao. Are you measuring balance in terms of USD? Another laughable situation, and also something that I've been bringing up lately. 26M Steem does not equal $5M. Ned knew this; everyone knows this.
RE: Remember when @Blocktrades explained how a fork is not theft and you ate that shit up like it was candy?