In the country that I live, Bitcoin has a stigma of being a scam because our own government warn the public to not engage on Bitcoin investment due to a lot of scam involves it and the volatility is high. Most of the people here including the old professional don’t dare to touch it despite Bitcoin already has good price history.
That's the role of the government in playing the power to restrict bitcoin, but frankly they failed to create a barrier for society regarding the stigma bitcoin is a fraud. The collapse of several bank-managed fiat systems made people increasingly aware that the existing system was much riskier than bitcoin travel. Today people are starting to realize that the concept of bitcoin is much more rational and control over investments is much lighter on behalf of individuals and does not need other parties.
Adoption of bitcoin has continued and has met equity levels, although for now it only acts as a commodity asset in most countries and some countries' bans restricting bitcoin have also had no impact on its journey. Bitcoin continues to live up to the desires of many people in investing and there is great hope when people try to believe in this system of freedom.