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I think the two biggest reasons behind that are 1) most EU/US passports give you near unfettered access to most the world and 2) the Schengen zone makes that a reality at least within the EU.
Yup, and a lot of people confuse being able to visit visa-free as a tourist and actually living there. Digital nomad westerners skirt around visa/residency requirements in 3rd world countries by basically leaving and coming back every 30 days to reset the stay limits. That won’t go as well with first world countries as they will quickly notice the pattern and probably ban you.