Crypto has become the ultimate swamp asset

WHEN OFFERED a Boeing 747 by the government of Qatar to replace Air Force One, President Donald Trump responded: why not? Only someone dumb would turn down free money. No presidency has generated so many conflicts of interest at such speed in modern history. Yet the worst self-dealing in American politics is found not on a runway but on blockchains, home to trillions of dollars in cryptocurrencies.

This article appeared in the Leaders section of the print edition under the headline “$WAMP coins”