Is that this flag, with stripes for transgender people, and people of colour, but no stripes for the rest of us?
I assume this flag specifically represents coloured transgender people, because they're the only people who get stripes.
This flag doesn't represent all LGBT+ people. It doesn't represent anyone who is not transgender and/or coloured. Everyone else is excluded from this flag. It's a special interest flag, like the flag for gay men and the flag for lesbians. It's for a sub-group within the LGBT community.
I'm not offended by this flag, because it's not my flag. This flag doesn't represent me. It's for coloured transgender people.