One of the Major Reasons why some Government sees Bitcoin as a threat to their country is because people might use it as an opportunity against some other people who wanted to earn and make a living. Just recently in the Philippines a couple was arrested because of scam, they uses a pyramid scheme and baited people to invest via electronic money. It started when Bitcoin is at its hype, giving them the chance to use it as front.
For our safety and security, please read this article and be aware.
https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scamHope this could help everyone and let us be cautious. Earning money is not that easy as what other think of it. It requires patience, dedication, determination and focus to reach your goal.
It should not result to bad thing if and only if the media stated the real issue properly. I just found Media to be bias, generalizing Bitcoin as scam where in fact it is what they enter as investment using bitcoin is a scam. not Bitcoin itself. and that makes Bitcoin bad image in the country.