How does such a system stop the governments/organisations/wealthy (i.e. those who control the media) from influencing the masses, in-order to influence votes?
I suppose this wouldn't solve the problem of money being used to influence voters, but the people would still have to opportunity to inform themselves of the issues at least.
The point is that, people believe what they see on TV. TV influences what people think and feel. So if the people who control TV want votes to go in a certain direction, voting systems, even decentralized voting systems are useless, as the result will still go in the direction the government wants, which it can easily achieve via the media, i.e. influence people via the media, then those people will vote how the government wants them to vote.