As you stated, bitcoin is a more democratic form of money, where the economic majority have a voice and a small group cannot control the system. This is one of the most beautiful aspects of the system. Additionally any minority of users can always choose to stay on the ledger/path they choose.
Any democratic system of money is far inferior to Bitcoin. It is fundamentally the opposite of that, it is an economic system.
An occurrence of democratic action is seen as a threat to Bitcoin, AKA 51% attack.
Voting is in all cases the supreme failure of an attempt to create quality. Where there is quality, voting is not needed. Voting is for avoiding violent conflict by replacing it with as much as possible with social conflict. It is the use of law against others, and it is for subjugating minorities. We in democratic societies are taught how wonderful it is to have democracy, and it is better than most any other option, but it is also utter crap. I do not wish for a "democratic" system of money and I am very happy that Bitcoin isn't one.
It is a failing of Gold, that there exists a gold fix, where a small group vote on the price. There is only democracy in a monetary system to the extent that the system lacks quality. It is a sign of failure, not success.