I don't blame them anyway, some of them are ignorantly trying to play safe while unknowingly playing foolishly. I see lack of understanding at it peak but who else invest in what they have no knowledge about? They simply assume investing in Bitcoin is like throwing your money into dustbin since they heard that it's risky to invest in Bitcoin. What's more crazy is how they think financial institutions handling their assets is more safer than bitcoin investment. It is absolutely fine to stay away from unclear investment but it is more okay to seek for understanding how things work here than remaining a doubting Thomas allowing some insincere institutions to take advantage of your assets over you.
The truth of the matter is that some people just like going in traditional ways; they are not yet ready to adopt new trends and innovations, and some see anything that doesn't have government support as a scam and fraudulent, which is why they prefer to hold their funds in fiat, where there is what they call fund protection for depositors. They believe it's safer that way since the government is also watching over it.