I'm constantly appalled with how much money is spent on campaigning in the US. It's astronomical and obviously affects policy decisions, etc... imagine if the money spent on convincing people you were going to fix the problems, was just spent on fixing the problems.
I'd think we'd still see some levels of it, "Vote Smith on Proposal 8573" but we'd also get to see proof of Smith's track record, successes, failures, etc... something that just doesn't seem to be a factor whatsoever in today's politics.
Imagine if there was a proposal system similar to Hive for some expenditures where a percentage of support had to be reached based on stake. How many would be willing to pay out of their private wallets for the next war?
I guess it depends on how much "defense" contractors are willing to spend whipping up a media frenzy but yes, if everything is recorded then it might only work once. If it was an additional cost to each citizen, then, no chance.
Now, to widen a road that eases my commute... sign me up!