Obama’s advisor is confident that bitcoin will change the life of mankind in the near future

Jim Messina, a senior adviser to former US President Barack Obama, believes that blockchain technology and cryptocurrencies are among the «most exciting developments of our lifetime.» Messina is extremely optimistic about the bitcoin rate — the analyst said he was ready to bet his Porsche that the flagship cryptocurrency would reach the $ 60,000 level again. Messina admitted that he is using the bear market as an opportunity to increase his exposure to the leading cryptocurrency.

«I'm incredibly bullish on this. I’m buying #bitcoin right now. I’ll bet you my Porsche #bitcoin gets back to $ 60,000»

— President Obama’s deputy chief of staff, Jim Messinapic.twitter.com/KjDZMg8S7O

— Documenting Bitcoin? (@DocumentingBTC) October 26, 2022

Known as «Obama's White House aide,» the 52-year-old expert recently moved from politics to the cryptocurrency field. Messina joined BlockchainCom as a principal advisor back in 2021, and since then, the firm has made significant strides as a crypto market player. BlockchainCom’s CEO has repeatedly stated that much of the platform’s success in Europe and the United States is due to Messina.

In addition to Barack Obama, Jim Messina has advised many other prominent politicians throughout his career. Among them are former Italian Prime Minister Matteo Renzi, former Argentine President Mauricio Macri, and former British Prime Minister Theresa May.

Despite Messina’s optimism about bitcoin, there is a trend that is causing cryptocurrency analysts to worry. Morgan Stanley specialists have previously drawn attention to a record high number of unused BTC — 78% of the total supply of the flagship cryptocurrency has not been involved in transactions for more than six months. However, analysts suggest that bitcoin whales are holding their positions, probably expecting cryptocurrency prices to recover.