The banks and government cannot track our transactions , so it can take its fee in terms of tax . That is why it is afraid of cryptos. In India , banks are ordered not to deal with any entities dealing in cryptocurrencies and it is really making us very hard to convince vendors and investors to adopt them.
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That's not only happening in India and clearly demonstrates that we need more educational efforts. Cryptocurrencies are not intended to negate the established systems but to offer better ones as an alternative. As long as we promote crypto being our chance to undermine any type of authority or existing law, we'll never get what we want. We need to cooperate and build partnerships, convince banks to join the crypto markets instead of trying to keep them out. That's at least my point of view...
You are right only education can solve this problem otherwise people often see cryptos as the method to get rich faster using ponzi schemes. Look at this news, trending all over the internet and coming from India where RBI has put a ban on cryptocurrency.
https://cointelegraph.com/news/police-arrest-alleged-india-head-of-now-defunct-bitconnect-scam
What are your thoughts about it and how the government should do to educate people? India is a large country and literacy rate is not good. That is why government thinks people fall prey to these schemes very easily.