Former Obama adviser is betting his Porsche that Bitcoin will rise again to $60K

Jim Messina – a key adviser to former US President Barack Obama – believes blockchain technology and cryptocurrencies are among “the most exciting developments of our lifetime”.

The American is very bullish on bitcoin, saying he is ready to bet Porsche that it will once again reach $60,000.

Messina is confident that BTC’s price will head north

In a recent interview for Fox News, Messina predicted that today’s society will be remembered for two things: living in the era of COVID-19 and reshaping the financial system using blockchain technology and digital assets.

The American described himself as “incredibly bullish” on the industry, particularly bitcoin. He admitted that he used the ongoing bear market as an opportunity to increase exposure to the leading cryptocurrency. When asked about its future valuation, Messina said he is willing to bet that BTC will skyrocket to $60,000 in the coming years.

“I am incredibly bullish on this. I buy #bitcoin right now. I bet you my Porsche #bitcoin get back to $60,000″

— President Obama’s Deputy Chief of Staff, Jim Messinapic.twitter.com/KjDZMg8S7O

— Documenting Bitcoin 📄 (@DocumentingBTC) 26 October 2022

Known as “The Obama White House’s Fixer,” the 52-year-old recently transitioned from politics to the world of crypto. He joined BlockchainCom as a key advisor in 2021 and the firm has achieved some significant milestones since then. CEO Kasselman said much of the platform’s success in Europe and the US is thanks to Messina’s efforts.

Apart from Barack Obama, he has advised a number of other prominent politicians throughout his career. Some top names include former Italian Prime Minister Matteo Renzi, former Argentine President Mauricio Macri, and former British Prime Minister Theresa May.

Saylor believes BTC will reach its ATH within the next four years

Another person who sees bitcoin returning to its former glory is Michael Saylor. MicroStrategy’s executive chairman believes the asset’s valuation will reach nearly $70,000 “sometime in the next four years.”

True to himself, he predicted that BTC could skyrocket to $500,000 in the next decade if it matches the market value of gold. Currently, there is a significant gap between the two assets’ market value: the precious metal is almost $11 trillion, while bitcoins is less than $400 billion.

Despite this, Saylor has always given his preference for the digital currency. He claimed that BTC is 50 times better than the yellow metal last year and said it is “obviously better than gold and everything that gold will be” this summer.