However in their own right, they have some point, but on the other hand, let's look at it from this angle.
For some of us that are from developing countries, is not easy to convince someone about bitcoin or educating somebody about it at first instance and you expect them to accept it wholeheartedly.
They need lots of education and convincing because they do not have an idea of what your saying or what bitcoin looks likes especially for those of them above middle age, because the semantics of bitcoin is a bit different and the approach towards accepting new idea's that is different from the conventional ways they know of, always comes with some level of resistance.
I would like to tell you that this is not an issue that is peculiar to the developing world alone. Everyone who is not a young person needs lots of education and convincing. The percentage of the younger generation who get bitcoin is higher than the baby boomers. This is not the baby boomer's generation where you have to work for 35 years to live a decent life. The baby boomers are already used to having the government hold their money. This is the reason why it is just a few that will understand what being one's own bank truly means or self-custody of ones funds.
In telling people about bitcoin, even if they don't seem to accept it at first, you will see a good number coming to pick interest much later. Just because a person didn't accept your idea presented to him immediately doesn't perfectly mean he has totally rejected for at some point in life he might find reasons to give the idea a try even without you knowing about it. Let's keep the ball rolling bitcoin is here to stay.
The fastest ways I am seeing baby boomers become interested in bitcoin and are slowly trying to get it is because of the financial institutions applying for bitcoin ETFs...this is the vehicle through which they thoroughly and confidently buy the idea. It is in a packaged form and their fear or risk of losing their funds through these institutions when they invest in bitcoin is low.