Do you work for them? It sounds like you work for them. Based on your description, the crux of it is they exactly do insert themselves between a blog / affiliate link and their incentivization towards a specific seller exactly does replace whatever commission the blog would have seen
It sounds a lot like the two of you work for one of Honey's competitors. You both are coming across as obtuse to the point where I wonder if it's intentional.
Oh wait, you say you're just a guy on the internet and you don't work for anyone in the industry? Yeah, pal, same here. The difference is that I base my comments on having used Honey as a customer, not on some random comment based on a random comment by someone who hasn't actually used the product we're all talking about it.
It's fine if you guys want talk out of your rears but at least be honest about what you're doing.