Such a proposal would be subject to manipulation, which disqualifies it for consideration. However, if you insist that your idea is better, start your own blockchain and change the name of your currency. We will let the market decide.
I don't like aspects of the idea (e.g. the hypothesized voluntarily mining at a loss is absurd), but I hate responses like MoonShadow's one hundred times more.
The bitcoin status quo will have an advantage due to network effects. To say let the market decide is akin to saying let the market decide if microsoft makes the world's best OS. What the market really decides is whether some other OS is so much better than Windows that that it can overcome microsoft's network effect. This is a much much bigger hurdle than simply delivering a better OS. The long-run inefficiency associated with these hurdles is one of the main reasons we have antitrust laws in place.