The fallacy is that a majority by any measure of voting has authority to dictate to the minority what the rules should be.   The result of any and all "rule changes" will be to effect the market value and purchasing power of bitcoins.   If you change the generation rate, inflation rate, etc you will be transferring wealth from some individuals to others.  In effect, everyone against the change will be hurt by the majority for the change. 

Economics is all about "consent" and politics is about "force".  Voting is a means of using force.  Instead of fighting to a bitter death people recognize the crowd is against them and avoid the fight.  It does not change the nature of voting.   

If people want to "change the rules" they need to create a competing system and "out compete" this one instead of using force of numbers to change the rules on the minority.