Most of the financial "experts" who like to ridicule Bitcoin and cryptos, are busy hawking silver and/or gold, and are concerned about their market share, as more and more precious metals investors are adopting Bitcoin as an alternate store of wealth. It's not so much as they think Bitcoin will fail, as they hope it will fail, otherwise millions of dollars of investments will be diverted away from precious metals, significantly impacting their bottom line in the long term. Trying to compare cryptos to the fallibility of existing financial markets backed by paper, is the best way to appeal to the ignorant with fear mongering, to prevent the exodus of wealth these "experts" would suffer should investors realize the immediate returns available in cryptos, as opposed to waiting for a financial collapse to inflate the value of gold and silver like they've been ranting about for years. It's a no brainer, their outdated business models are failing, compared to the massive returns available for educated investors in cryptos.