That's the gist, the status and the tradition Bitcoin has acquired will not allow it to see ridicule for too long. Even if it falls so much now, over the years, you may still see it at a high level that would have been multiples of the value you thought it was hopeless at. This was what I told someone who faulted the last 130 BTC purchase by Michael Saylor on March 17th, though Bitcoin has sold ever since then, but for how long? In the next few years, Bitcoin may be above $150k again, he must have made about 2x of his money by then and it keeps going like that.
If the one who criticized Michael Saylor, than criticize him too. So if he holds his money in dollars or euros and should normally know that there is an inflation of 1-3% every year. That is 10-30% loss in value in 10 years. Where will bitcoin be then, i dont think at a XX.XXX$, much higher. There are many more institutions, they bought bitcoin, you can say him a lot more names...big names.