We are not the only ones looking at this gigantic mountain of debt, governments see it too, it's one big question to reask, do the government actually see it?
Adding to that, blockchain tech n crypto present a huge opportunity to curtail economic crisis, yet one must understand the government are not ready to loose centralized power.
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I think governments are not stupid, they know about this debt but turn a blind eye. They prefer to focus on elections and all the political stuff as measures to balance the finances will not go down well with the people.
Governments do not want to let go of centralised power, however, in undeveloped countries there may be more opportunities for adoption as it could benefit the economy. Of course, it depends on how governments see it.
Power seems to corrupt humans. It is only a pity that it is the poor citizens that always feel most of the economic heat.