Bitcoin is not a widely accepted currency globally especially in developing countries. Local currencies still hold sway seconded by the dollar. A lot of people still lack knowledge of the through nature of bitcoin, therefore, acceptance is skewed.
it provided opportunities to those who couldn't afford to participate in worldly economic decisions which is why the government doesn't like the idea of not only being threatened but also tipping their own hierarchy and giving people not on the same league a chance to make financial decisions.