and I think that the reason is the fact that the Western democracies are mostly not democracies indeed; the ruling elites make the people stupid and apolitical, because overwise the people can think about a revolt.
I live in a "Western democracy" and it's... a democracy, last I checked.
Maybe instead of being "stupid", like you say, maybe most people here haven't engaged the violent overthrow of our government because they are... smart? If Trump would have succeeded in his attack on our government a few years ago everybody here would have kissed their portfolios goodbye (including your crypto, which would have crashed along with everything else).
Revolting against the established liberal democratic government, it turns out, is really really REALLY bad for business--especially if that country was the home of the financial world's reserve currency for instance.