But "votes" with tokens aren't votes either. Claiming that a spread of 100 votes has 10x the effect of 10 votes requires some model of the vote - you don't know that 10 votes on a single issue doesn't have an outsized effect on swinging a decision where 100 single votes just bump a number up across the board.

More than anything, the system just places power in compromise, which is nothing new - in a one-vote system, a person who is willing to vote for a centrist politician has more political power than me, a fringe voter, because their influence on the election result is better-felt.