I agree with your statement that the hindrance towards a widescale development of cryptocurrencies is its negative view depicted in the media. There seems to be a stigma whenever a person hears or sees cryptocurrencies. This is so because various media outlets only portray negative experiences of people about their investment in BTC. That is the reason on why its adoption in some countries are prohibited and some people refuse to at least attempt to invest on it.

The only solution to this problem is to counter what the media is trying to portray it. Fortunately, lots of big businesses have started to accept BTC as an alternative mode of payment. Not to mention, some countries have also started to use BTC as their legal tender (El Salvador). All of these contribute towards the overall contribution of its positive outlook in the market.