Ask HN: Could HN be more meritocratic?

I would like to suggest a rethink of Hacker News. More specifically, I think that more should be done to limit up and down voting and comments to only those with intelligence and experience in the topics being commented on. For a few years in the 2000s, there was a smart group here, and commentary was smart, because there were only smart people here. To get back to that environment, YC could elect officials to offer only to the best of the best to join the new HN community where they would decide what goes on the frontpage and the commentary thereof. Does anyone else agree that it is a problem, and if so, how could HN limit discussion to only those with experience and wisdom in the subject matter?