This is so weird. I've been thinking along very similar lines with a slight twist.

All new technology evolves.

Remember the steam engine? It was almost 100 years before someone decided to put wheels under it and create the locomotive.

Look how far crypto has come in 12 years. Our current governance system is not perfect but we still have one account is one vote.

With the transparency of the blockchain we can all see if some one entity is playing shenanigans?

Who knows where we will be in 10 years?

Well done on an excellent thought experiment.