Eh.. Lets say you ran a bakery and you have a box of 12 muffins sitting there for people coming in to try the muffins. I come in every day and grab a muffin, eat the thing, then proceed to go across the street and purchase a muffin .

Are my actions in this hypothetical muffin situation going to affect you as the bakery owner?
Of course it would. I'm taking value out of your pocket via the free muffin then spending elsewhere .

Taking value from you and moving it to a competitor.

The steem chain is the muffin shop across the street profiting on HIve's free muffin in the examples above.

This is how I believe atleast some of the community sort of sees the situation.