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 am not sure if this plays a big role in why people are afraid of Bitcoins. It's true that our upbringing plays a big role in what we are afraid of and what not. For example, if our are parents and grand parents where too afraid to invest in stocks directly and let rather the bank decide on the investments than it's likely we as kids will do the same. My grand father was always very interested in stocks and liked to choose them all by himself. As a kid he gifted me my first stocks and that is probably why I became so interested in investing and trading. For me crypto currencies is the new form of commodities and currencies that everybody should be invested it. I am not afraid and hope that over time more people lose their fear of the new unknown. What makes most people afraid to invest larger sums in the bitcoins and other coins is the volatility in my opinion. If you look at the bitcoin price at the start of the year it was around 40.000 USD and 1 year ago it was at 60.000 USD, and 2-3 years ago it was at 10.000 USD. This big volatility scares of some potential new investors who likely wait for bitcoins to reach a more stable era.