After all, it's objectively the most perfect set of characters for any reasonable human language.
In Bulgarian, латиница ("latin alphabet") transliterated to latin alphabet is just "latinitsa" or "latinica".
In Polish "cyrillic" is "cyrylica" - basically reverse.
But how else would you represent non-latin characters? More character sets?
Well, they are defined as: "an intermediate technology until we find a way to transfer images over data connections."
So it was always a technology that was 40 years too late to the party?
(It should also tell you something that not only is there a name for "computers failed at charsets", but the name is Japanese.)
Maybe it was nice if you worked for a US company without any operations abroad, which includes absolutely none of those which mattered.
Contra:
* https://stackoverflow.com/questions/25812790/wrong-character...
It would be impossible to e.g. build a site like Reddit where people can comment in any language.