It sure is very exciting knowing that SMTs are finally on the way. However, a plethora of delays and subjective failures of steemit inc. to act upon the right decisions, combined with the fact that there is never a loss in investing steem while there are so many other places and ways to make money, there is an increase in "experiments" and "competition" budding from this very blockchain.
There is nothing wrong with experiments and competition, but if the experiments and competitions from our very own steemians has the agenda of planning something along the lines of not wishing well for STEEM itself, it is not a good look.
As you said, only time will tell. I hope everything goes well and we can see the unstoppable rise of this blockchain again.
Competition is good, as long as our governance can keep up with it!