Even by the standards of an extraordinary presidential handover it was a jaw dropping demonstration of Trumpite chutzpah at its most shameless. Just days before taking the oath in the US Capitol’s Rotunda, the man elected to be the 47th holder of the world’s most powerful office unveiled his own cryptocurrency meme coin called, inevitably, $Trump. Then, just to ram home the point, on the eve of the inauguration his wife followed with $Melania. By the time Donald Trump succeeded Joe Biden the two coins were valued at billions of dollars.
It was the final clinching evidence, if indeed there had been doubt, that Trump will be the first crypto president, a commander-in-chief who is also cheerleader-in-chief for the still turbulent and volatile world of digital currencies.
