I doubt your man on the street has ever heard of Bitcointalk or the constant scams on this forum.
I suspect most of the news people had heard was MtGox stealing a fortune and weird back-alley / coffee shop robberies of Bitcoin sellers. Also the SilkRoad too if I hadn't already mentioned that.
ELI5 version (explain to me like I'm 5): Fat Frenchmen [who is now skinny] steals everyone monies. Bitcoin dangerous. Bitcoin drugs. BITCOIN BAD BAD!