The fact that America's first "pro-crypto" president and his wife are, um, hawking tokens with no tangible utility while they prepare to overhaul the US regulatory regime has some in the crypto industry on edge. This is not a good look.

Listen to this article 7 min Listen to this article 7 min There is an anonymous saying that "The difference between knowing how something is done and doing it is the difference between imagining and living".

Other versions of this idea include Benjamin Franklin's "Tell me and I forget, teach me and I may remember, involve me and I learn" and Aristotle's "What we learn to do, we learn by doing".

With this in mind, I decided to buy some $Melania. I hasten to add it was only as an experiment, of course. I don't want to actually own any crypto linked to anyone in the new administration in the US. I just wondered how difficult it would be for someone from way-off South Africa, who doesn't know how to buy a meme coin, to actually do it.

I was intrigued by the fact that US President Donald Trump launched his meme coin $Trump at the Crypto Inauguration Ball, which took place on the Friday before the inauguration. Trump didn't attend in person, but announced on Truth Social during the ball that "My New Official Trump Meme is HERE" with a link to the coin. All of the blockchain bigwigs...