Well it was supposed to level the playing field. That's still true, in a way, because Bitcoin as a system doesn't discriminate against whales or small holders. It allows everyone the same opportunities and freedoms -- you can do everything a rich guy can, but chances are, they can still do it better.

At the end of the day, Bitcoin encourages free market, which people with more resources thrive on. If you try to punish people with more resources than you, then it stops being a free market and the system stops standing for freedom. People may think scenarios like this are unfair, but they can do exactly the same things whales do. It just becomes a question of scale.