The typical human mind initially considers the fictitious drawbacks and rejects the possibility of another type of money. However, a growing number of individuals are visiting exchanges like Binance, Primexbt, Kraken, etc. People are afraid because they were taught to be afraid as child. This is, unfortunately, what the educational system does.
I am also a victim. Wish I had joined this forum earlier.
I think the simple answer would be due to the volatility of BTC in its price.
With media stigmatizing the view of cryptocurrencies, it created this artificial fear and hope where if you invest into BTC, you would become instantly rich. This is what media portrayed BTC to be to the point that people would blindly invest into it without knowing its effects and purpose. This is exactly what happened last 2017 when the price skyrocketed and plummeted down, then people blamed BTC and tagged it as a scam.