> We, the people, make the rules.
Since when? We merely vote for politicians who promise to enact laws and regulations that are beneficial for us but they almost universally fail to do that, succumbing to self-interests and corruption.
If a government implements authoritarian measures that curb our freedom in an unpopular manner, "we the people" can't do anything about it. In a few years we may or may not vote them out, and the people who replace them may (or may not) do what we, the people, want.
That's a bleak view on the state of democracy.
Whatever your feelings on the topic may be, we will not be giving up government control of the financial system in favor of a blockchain and profits for crypto-bros.