That's exactly it. One of the reasons that the US (and other representative democracies) have limits on direct voter rule explicitly to prevent a "too democratic" situation yielding "mob rule" outcomes.
- We don't want the minority enforcing on the majority
- We don't want a plurality or even a majority enforcing on a minority under certain circumstances
So, for instance, even if 300 million Americans think "sfe22 should be stripped of their assets and have it given to us 300 million" that's not going to happen. Yes, that is 'tyrannical' of you to have such power but it is so nonetheless.