Personally I'm very happy that we don't do international policy and sanctions via direct democracy.
We often see a trendy referendum being launched because of an event. Years later when we finally have to vote about it, we realize that it was only an historical parenthesis.
Not trusting the people because we think that most are too dumb means that we praise a census suffrage or indirect form of it.
I am Swiss. I am often disappointed by vote results. The system is not perfect. But at least we decided.