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Even when it becomes smarter than humans in the future, I would still oppose this idea. We humans have seemingly benevolent leaders who become malevolent. At least we can replace them as they are around as smart as us. A malevolent creature that is waaay smarter than us that rules over us? No thanks.
You actually make a better case for replacing politicians with benevolent AI than for replacing ballots with transactions on a blockchain.
How so? AI is not smarter than people.
Even when it becomes smarter than humans in the future, I would still oppose this idea. We humans have seemingly benevolent leaders who become malevolent. At least we can replace them as they are around as smart as us. A malevolent creature that is waaay smarter than us that rules over us? No thanks.