People are not avoiding bitcoin. The thing is that they have no proper knowledge about cryptocurrencies and its working. Here are some reasons:
- Due to the Bitcoin Volatility history, people consider it as a very risky investment.
People don't know how cryptocurrencies work.
Government Compliance also one the major issue. In Many countries, cryptocurrencies are still banned.
Negative stories are play a vital role in bitcoin investment. Ico scam and hack also affects the perspective of people.
Although, crypto education can settle out these misconceptions.