We used to say that blockchain would disrupt finance. Then came supply chain, healthcare, education... and now, it seems, presidential campaigns. Today’s Wall Street Journal headline says it all:“The Trump family’s crypto business: The administration will regulate the tokens it sells.” Let’s pause on that for a second. The sitting President of the United States invites holders of his meme coin — $TRUMP — to a private dinner in his golf club near Washington. Access to the president, tokenized....

We used to say that blockchain would disrupt finance. Then came supply chain, healthcare, education... and now, it seems, presidential campaigns. Today’s Wall Street Journal headline says it all:“The Trump family’s crypto business: The administration will regulate the tokens it sells.” Let’s pause on that for a second. The sitting President of the United States invites holders of his meme coin — $TRUMP — to a private dinner in his golf club near Washington. Access to the president, tokenized....