He Went Viral for Asking Trump a Question—Did It Save Crypto in the US?

The story of Malcolm from DeLabs and his viral interaction with Donald Trump at Mar-a-Lago offers a fascinating glimpse into how a single question can spark broader discussions on important issues—in this case, cryptocurrency regulation in the U.S.

Malcolm, a key figure in the DeGods NFT project, attended an event for Trump NFT holders at Mar-a-Lago. The gathering included high-profile attendees from various sectors, creating a serious atmosphere. Despite initial intentions to create light-hearted content, Malcolm seized the opportunity to ask a poignant question during a Q&A session. Addressing the ex-president directly, Malcolm inquired about the regulatory challenges facing the crypto industry, noting that many entrepreneurs were relocating their businesses abroad due to hostile regulatory environments in the U.S.

Trump's response was quick and supportive. He acknowledged the hostility toward crypto and expressed a desire to embrace the industry domestically, stating, “If we’re going to embrace it, we have to let them be here.” The crowd's enthusiastic reaction and the subsequent buzz online highlighted the significance of the moment. Malcolm, donning his signature Pit Viper shades, quickly became a folk hero within the crypto community.

The viral exchange didn't just captivate the online audience; it also seemed to influence the political discourse around cryptocurrency. Trump’s later remarks at the Libertarian National Convention underscored the importance of developing crypto and Bitcoin in the U.S., advocating for self-custody rights and opposing the creation of a Central Bank Digital Currency (CBDC). These statements resonated with the crypto community, reinforcing the notion that political support for clear and favorable crypto regulations was gaining traction.

While it’s challenging to pinpoint the exact impact of Malcolm’s question on subsequent policy shifts, the timing suggests it played a role in amplifying the conversation around crypto regulation during the 2024 election cycle. Following the event, there was a noticeable shift in how presidential candidates discussed crypto, with more emphasis on supportive and clear regulatory guidelines.

Malcolm's question to Trump and the subsequent viral moment serve as a testament to how impactful a single interaction can be in shaping public discourse. By addressing a pressing issue within the crypto industry, Malcolm not only highlighted the need for regulatory clarity but also propelled the conversation into mainstream political dialogue. This incident exemplifies the power of individual voices in influencing broader policy discussions, especially in rapidly evolving sectors like cryptocurrency.

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