Politics has a crazy people problem. Crazy ppl like politics like cats like nip. Other than the nuclear option (monarchy/neocameralism), what other options are there to get crazy ppl out of politics?
However, much like separation of powers mainly creates an incentive to reunify the powers, any such system mainly creates an incentive for crazy folk to route around it.
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If and when programmable money will become global default for store and transfer of value other overlay protocols could be adopted to govern collective usage of those funds. It is not that some problem in politics will be solved, the politic itself will change drastically.
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It is essentially The Frog and Toad problem. There is always an incentive to open the box if there is a way to do it. The solution is opening box should be impossible. We can do it with programmable money already by carefully designing the protocol.
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