Now if you ask, was the coin wipe necessary? YES, it was, because otherwise the fork would have the same 51% vulnerability. There was NO other way to solve this.
Does this mean that Steem was vulnerable to this in the first place? Yep, it was, and many people were aware. The change of leadership in Steemit Inc made it easier to understand the need for people, it didn't create the need.
RE: Do unto others as you would have them do unto you