Is that still the case when dividends are taken into account?
If I've held a share since 1999, in place of it I don't just have a share today: I have whatever I've done with the dividend payments that came in the interim.
The efffort to save that money will be very different per country of origin, which is very unfair. A Brazilian engineer has 3X better wages than an equivalent Chinese engineer, due to different currency valuation and salary standards.
There's nothing stopping the creation of other paths to residency/citizenship. Everything suggested can be implemented without worsening anyone's situation.
I definitely wouldn't call it asinine because it doesn't help everyone equally.