>Japan has been pouring new debt onto old debt by issuing bonds at record low interest rates. The treasuries yield next to nothing even though it's current debt load is close to 250% of GDP. Something about that doesn't sound quite right. 

Although Japan is one of the first to legalize Bitcoin.
https://www.cryptocoinsnews.com/japan-accepts-bitcoin-as-legal-payment-method-whats-next/

Singapore as a bolder move has started tokenizing their currency. 
https://steemit.com/sirwinchester/@sirwinchester/singapore-to-launch-national-token-on-ethereum-blockchain

My Country the Philippines has not yet legalized it. The closest thing legislature did was to recognize it as 'property'.. (looking up source...). It's good that we have coins.ph as exchange platform allowing more Filipinos to get into Bitcoin.