Earlier quoted context omitted.
That's right. And now do both things _publicly_! For money (or others things you own) you will need a Torrens-like title system with a replicated database among your fellow-citizens. For voting - it will be a database replicated on DVDs (or something that can be read, say, by a microscope:) You may be astonished how secure that will be.
How do you verify the entities that are registered on the chain are who they are supposed to be? It may show a commit log of Citizen X voted in a certain way, but how do you verify it was Citizen X that actually voted or that they even exist?
Have they told you about it?