You're leaving out the idea of a Contentious Hard Fork(Chain split/Hive) vs a Non-Contentious Hard Fork(an upgrade).

Hive was not an airdrop; Hive was not free money; Hive was not a "new asset".

HIVE IS THE ORIGINAL CHAIN WITH THE ORIGINAL COMMUNITY.

Hive is obviously and clearly a new asset. It has to start over getting listed on exchanges. It has a different value, even different rules. I have different balances on Steem and Hive, this is obviously, objectively not true.