{"id":26525,"date":"2023-12-12T17:06:40","date_gmt":"2023-12-12T17:06:40","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/democratic-presidential-candidate-blasts-biden-and-trump-on-crypto-not-the-right-people-to-lead\/"},"modified":"2023-12-12T17:06:43","modified_gmt":"2023-12-12T17:06:43","slug":"democratic-presidential-candidate-blasts-biden-and-trump-on-crypto-not-the-right-people-to-lead","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/democratic-presidential-candidate-blasts-biden-and-trump-on-crypto-not-the-right-people-to-lead\/","title":{"rendered":"Democratic presidential candidate blasts Biden and Trump on crypto: \u2018Not the right people to lead\u2019"},"content":{"rendered":"
Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 Presidential Election, said there are currently \u201cvery few\u201d people in Congress who understand digital assets.<\/p>\n
Speaking at the Crypto Presidential Forum in New Hampshire on Dec. 11, Rep. Phillips said he didn\u2019t \u201cknow it all\u201d about financial technology and cryptocurrency but criticized U.S. President Joe Biden and former President Donald Trump for their positions. The U.S. lawmaker was the third presidential candidate to address the New Hampshire crowd after Republicans Vivek Ramaswamy and Asa Hutchinson.<\/p>\n
\u201cThe two leading candidates right now, on both the left and the right, for the U.S. Presidency, are absolutely not in positions to understand it, prepare us for it, anticipate it, and lead us into the next century,\u201d said Rep. Phillips, referring to crypto. \u201cJoe Biden and Donald Trump, at their age and stage of life, are simply not the right people to lead us forward.\u201d<\/p>\n
He added:<\/p>\n
\u201cIt is not irresponsible or unreasonable to think that your government would do two things at once: both consider regulations but at the same time consider how transformative in a positive way it can be.\u201d<\/p><\/blockquote>\n