What it's called or what the transactions look like really don't matter at all. The situation is very, very simple despite the attempts by those who were excluded to complicate it to serve their points.

Hive is a new chain and a new token. It used the history of the Steem chain and token as a starting point and adjusted the things that the creators wanted to adjust at launch. It makes no difference how exactly those adjustments were done or what it was called.

Does it suck that you and others were excluded? Yes. Do I personally agree with that decision? No. But in no possible way can it be reasonably construed to be stealing from anyone.