Democratic presidential candidate blasts Biden and Trump on crypto: ‘Not the right people to lead’

Minnesota Representative Dean Phillips was the sole Democratic presidential candidate to address the Crypto Presidential Forum after Republicans Vivek Ramaswamy and Asa Hutchinson.

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 “very few” people in Congress who understand digital assets.

Speaking at the Crypto Presidential Forum in New Hampshire on Dec. 11, Rep. Phillips said he didn’t “know it all” 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.

“The 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,” said Rep. Phillips, referring to crypto. “Joe Biden and Donald Trump, at their age and stage of life, are simply not the right people to lead us forward.”

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