As a decentralized currency, Bitcoin's development is not subject to excessive government restrictions or influences, while the cryptocurrency economy is subject to peer-to-peer Internet protocol monitoring.
Cryptocurrencies have not been widely accepted by businesses and consumers, and their prices now fluctuate so much that they are not suitable as payment methods.
Those are some decent points but it does not really answer the answer of the OP, bitcoin is still seen with bad eyes by the governments and this is simply because bitcoin gives freedom back to the people, the current banking system has all kind of measures that are there with the intention of not letting you move your money freely, bitcoin works with the exact opposite idea, bitcoin lets you do whatever you want and this is not something that governments like at all.