This is the biggest downside for me. I understand why they want to use snaps of huge software applications especially for rolling releases. I just don't like one company being in charge of the method of distribution.

Yes indeed, I don't mind snaps for the really big third party stuff. But they were using it for literally everything. Even htop was snapped at one point. Seriously... :/

Clearly they are looking for a way to put some kind of proprietary dependency in Linux by propagating snap to other distros so they can then milk it for cash (e.g. charging a fee for access to the snap store to big publishers like Microsoft/Google). I don't think they realise the mainstream Linux users will hate it for exactly that reason.

There are many reasons to hate snap for. I have a comment that explains it in more detail, but seriously, this is the most anti-FOSS, anti-Linux crap I have ever encountered. Shame on Canonical.