Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.
Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher.
The concept of cryptocurrencies is so new and revolutionary that I cannot blame people for not understanding it right away, this reminds me of cell phones, back in the day people used their home phones and public phones and no one understood the need to carry one with you but as time passed people understood the advantages and now even kids carry one, and this is what it is going to happen to cryptocurrencies as well.