Will Bitcoin ( BTC ) Survive Trump Dislike?

As you probably heard today, President Trump doesn't like Bitcoin.

Can Bitcoin survive America's top politician's criticism?

Yes, and here's why:

1. President Trump won't be the POTUS forever. BTC can outlast President Trump even if the US government tried to ban it (which they won't since major financial institutions are now holding BTC positions). But more importantly,

2. The internet, and the world for that matter, need BTC to exist. The internet when originally created was designed for two main purposes. A) communication between computers and B) ability to access reference materials. The internet was not designed for commerce yet that has become a major utility of the net.

As most are aware, hacking of credit card data is rampant. Whether that data is acquired by the retailer via point-of-sale terminals or e-commerce websites, does anyone really have 100% confidence that their credit card data is safe with all the companies that use the number? Remember the Home Depot hack, the Target hack? Are you old enough to remember when Egghead Software's website was hacked? How confident are you in the security of Amazon, Netflix, Apple, Equifax, etc?

Cryptocurrencies are perfectly positioned to remove the security concerns from consumers and place all of the risk on the retailer or etailer. Yes, hackers might still have access to my address or my I.P address but if I could pay my Netflix bill each month on a smart contract that I set up with Netflix, I'd never have to worry about hackers getting my credit card information from Netflix. Now consider more and more companies accepting crypto for etailing and you begin to see how perfectly positioned crypto is to step in and fill the security concern void that all online consumers have at risk with each CC # input into an online order form.

I understand the President Trump might be a prolific Twitter user but I also hear that he does not use email.

Is President Trump really the authority on whether crypto is the right tool for solving current financial problems? I give him a lot of credit for doing great things but this is an area where his tweet should be considered his opinion and not his executive policy.

Bitcoin has shown that it is anti-fragile and what doesn't kill it makes it stronger.

And strangely, now that POTUS has said he doesn't like it, I'd bet the Democrats will be out soon exalting the greatness of all things Crypto.