It's powerful for Git to treat changes as line-by-line text diffs, because it allows us to manage changes to any textual data. But what if, instead, we borrowed an idea from distributed databases, and implemented all changes as commutative operations on a Conflict-free Replicated Data Type (CRDT)?
I think almost every example of difficult rebasing would get significantly easier, but at what cost? We'd have to completely rethink how we write programs, because this would drastically limit the types of changes to a program that were valid. I wouldn't be surprised if this would require us to develop in entirely new languages.
There might be some meat to this idea, but again, I don't think we'd get there by mining existing Git graphs.