Security: a normal one-way door has a frame that it sits in, with edges that hold 3 to 4 of its sides in place. A two-way door would have to forgo all of these edges, leaving the only things holding the door in place its two-way hinges and the deadbolt. And without edges on the doorframe, the deadbolt would be exposed.
Edit: As other answers pointed out, it's true you can find doors with a top and bottom bolt that lock into the frame and floor, respectively. However I've noticed most of these are not "locking" like a deadbolt is, and the lack of edges around the door frame still means they would be exposed on both sides.
The Elements: here we see the edges of our standard doorframe come into play again. Turns out they do more than just security, we normally put weather-stripping on them to keep out roaches and relatives and keep in things like expensive Air Conditioning and girlfriends.