despite being accepted in most part of the world.
Is it though? Bitcoin adoption, despite what it may feel like, is still pretty small around the globe. A lot of people may have heard the name "Bitcoin" but a tiny fraction of them have ever bothered adopting it. This is exactly why bitcoin is currently priced at $25k instead of a million dollar.
I personally think more awareness about the benefits of trading with cryptocurrencies needs to be created particularly in nations where there are restrictions and banned on cryptocurrencies and also it should be made more simple for easy use no matter the level of one literacy. More work is needed. What are your thoughts?
First of all there is a different between using bitcoin and trading cryptocurrencies, the former is what we want and the later is not useful at all.
Secondly you have to first see why these handful of countries have banned bitcoin in first place then try to solve that reason and eradicate their concerns before the ban can be lifted. For example a country like Bangladesh doesn't have nearly enough surveillance capability like United States with its military organization called NSA to be able to fight illegal digital activities so it is understandable for Bangladesh to ban bitcoin but not US.