That's a good example. My current favorite example would be the UK, and the so-called democratic British government. The democratic façade has fallen away spectacularly over the last few years. There is no way to hold anyone to account when there is corruption at the top. They don't even need to hide it anymore.

The borders are gerrymandered, fair voting is hamstrung by FPTP, funding is withheld from constituencies where the MP doesn't tow the party line, and both public money and foreign bribes go into the pockets of the elite few. Clearly a well functioning democracy, a pillar of the West, where government officials may place themselves above the law. Lying in Parliament? Free pass. Calling out lying in Parliament? Ejected from the discourse.

But at least Sir Boris led an inquiry into Sir Boris and found Sir Boris free of guilt.

I really don't think it's so crazy to think that the adequate application of crypto can lead to well-functioning democracies for precisely this reason; we can have real accountability.