What's the deal with gearboxes? Why don't more mountain bikes have them?

Today we'll look at the Zerode Taniwha, which features a 12 speed Pinion Gearbox. Gearboxes shift fast, require little maintenance, are protected inside a solid metal casing, and have all the advantages of a belt drive. Why don't we see more of them?
Today we'll talk about that.

Here's the Gearbox in the video
https://pinion.eu/en/c-line/

Here's the bike it was on
https://zerodebikes.com/taniwha-trail

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Видео What's the deal with gearboxes? Why don't more mountain bikes have them? канала Berm Peak