I agree, @wscoble I think your analysis is a bit too simple and missing some important points of understanding. Quadratic voting is quite interesting and possibly beneficial, I’ve proposed in multiple places a similar idea I’m calling logarithmic voting, you can read a bit about it here: Proposal to include cycle_dao & ICDevs as default follow-target neurons to the NNS - #132 by lastmjs
And here’s a podcast episode about it: Demergence on Apple Podcasts
Simple coin voting is not the optimal governance system.