Theft is defined by the governance structure that defines theft.
Steem is a governance structure.
If Steem says it isn't theft, then it isn't theft.

If Switzerland does something that America says is theft, is it theft?
Not according to Switzerland.

At that point the only way to resolve the issue is with a war by force.
The whole point of blockchains is that you can't go to war with them.
They are borderless; they exist in all physical spaces that have access to the Internet.

To say that this is theft is to give power back to the government that is enslaving you.
Tread carefully.

Freedom from debt slavery.

We took all the real value away from Steem and pumped it into Hive, and now we are trying to say Steem is stealing from us and we need to resolve this in a court sanctioned by the USA? It's a greedy and nonsensical argument. Truly, we just might get away with it, which would be hilarious.