Are we being fair?

An open letter proposal to the crypto community.
Everyone in the community knows how important adoption is in crypto, and everyone also knows that the main steam does not trust crypto. It is seen as either gambling, speculation or a ponzi scheme. This is with good reason as it is all those things and much much more. So how do we get the mainstream adoption we want? Regulation? That is what some people say, because as long as crypto is a kind of unregulated wild west, people are not going to feel secure. My answer to this question is fairness.
Fairness is not something that is commonly considered in the financial community. There is a conceptual framework in finance that markets should determine everything and as long as someone is not openly stealing in a specifically illegal fashion, that basically all “moves”, schemes and manipulations are ok if you can get away with them.
Yet we have seen time and again how people at the top of the financial food chain manipulate the market in a myriad of ways, not the least of which is just using their large holdings, media power and teams of experts; as nuclear weapons in the market, against retail investors who only have their bare fists to defend themselves with.
The whole story of Gamestop/Amc comes to mind.
More than half (56%) of people who have money in stocks think the market is rigged against individual investors, according to a survey from Bankrate.

Given the Information Asymmetry, Education, After hours trading, Access to Capital, Political Influence, and Strategies that require full time work, expensive equipment, and teams of experts, how can such a system be fair for working people trying to build wealth?

In many other areas of human endeavor such as sports you will note that people care a great deal about fairness. In marathons there are different divisions or different starting places for runners of different levels. In boxing and martial arts there are divisions by weight and sex. I propose a similar system for a new crypto currency platform. That is, that people should be divided up into different cryptocurrencies by holdings, so that we do not have minnow’s in the same pool as crypto sharks and whales.
Why? Because we have to be fundamentally different than the mainstream financial system which currently no one trusts.

An Individual-only multi-tiered Public Coin for wealth building

Essentially I propose a multi-tiered coin system that would be usable only by individuals and each individual could only be at one investment \ wealth level at a time. IE lightweights are in the lightweight class and heavy weights would be competing against other crypto whales in their own class. As you build wealth you move from tier to tier and as you build holdings you gain experience and are exposed to more complicated markets and manipulation among peers of the same level. One primary goal would be to disallow all businesses from this public coin and earmark it for private individual use only. One account per person tied to a social security number or other ID system. Essentially a replacement for what an IRA account does now, to help people build wealth, but in the crypto sphere. Companies can play in all the other areas of the world of finance but not here, thus eliminating much of the manipulation from this individual-only coin market. Manipulation which takes advantage of less experienced people as we all know, the goal is to let people build wealth among their peers without “heavyweights” coming in and beating the snot out of light weights simply because they can.
KEY POINTS:
>> Creates an IRA like wealth building account for the economically disadvantaged with no entrance fee, and no requirement of a job with 401k benefits which many do not have.
>> Each person would only be allowed a single account in this system and each single account can only occupy a single tier at a time.
>> no businesses allowed, professional marketeers, companies etc. stay in the main financial markets where they reside now. This would also tend to eliminate some of the volatility in the market as no businesses would be doing margin trading, futures and other high finance with large amounts of liquidity.
>> Only exposed to people with similar experience and capital.
>> Gamifies wealth and retirement building in an easy to understand way by levels.

>> When you gain enough capital you are automatically moved onto the next crypto currency tier to compete with players at your level.

>> The power to control each tier remains in the hands of the people at that tier.
Public Coin Tiers:
Level 1: Minnow, flyweight,
Minimum holdings: 0
Maximum holdings cap: $50,000
Level 2: Carp, bantamweight
Minimum holdings: 0
Maximum holdings cap: $100,000
Level 3: Eel, Lightweight
Minimum holdings: 0
Maximum holdings cap: $250,000
Level 4: Piranha, welterweight
Minimum holdings: 0
Maximum holdings cap: $500,000
Level 5: Shark, middleweight
Minimum holdings: 0
Maximum holdings cap: $1,000,000
Level 6: Orca, light heavyweight
Minimum holdings: 0
Maximum holdings cap: $10,000,000
Level 7: Whale, heavyweight
Minimum holdings: 0
Maximum holdings cap: $20,000,000
Over $20 million and your crypto leaves the system and you are forced to exit the market via stable coin and play in the main markets, forever.

The names, amounts, and caps are all just placeholders and can be changed to a better system. The goal is to have a tiered system so that people compete in markets that match their level of wealth and experience. This could be solved in many ways besides a system which mirrors weight classes in boxing but for purposes of analogy I used something commonly understood.

That is the basic idea. We need to separate out the unfair advantage from the market that crypto whales and businesses have so regular people have a fair chance to build wealth for retirement without the ridiculous advantage that people who understand math and high fiance gain; and correspondingly the advantage those with mercenary values and zero sum morals have to manipulate the markets using complex schemes that the average person can never hope to understand or compete with.
Why should we let heavy weights beat the piss out of light weights in any system? Why should the old compete with the young? Why should the highly educated compete with the totally inexperienced?
Is that fair? And who truly benefits from such a system?
Doesn’t such a system take from the many and give to the “one” by design? Isn’t that the opposite of a free market? Does such a system encourage innovation; not for the betterment of humanity, but instead towards the mercenary plundering of wealth to the most voracious of math geniuses? Doesn’t such a system emphasize innovation and evolution of more and more insidious systems by which people with less skill can be victimized by scammy manipulations whose parameters are so complex it takes years of study to even understand? As evolution of these “sharkish” systems move forward at breakneck speed, will wealth inequality grow larger and larger? Are we re-creating the same caste system based on a tyranny of finance/math experts?
I challenge those with the education and means to create some place for fairness in our market’s design so that everyone can play at their own level.
What we need is a coin for Just us.
A “Just us” Coin.

https://preview.redd.it/kyp300wwbvg81.png?400&format=png&auto=webp&s=9f82e9cff7f7cc6119b0cade2213db801fca00fd