The Former US President’s Adviser Bets His Porsche In The Ongoing Competition For Bitcoin

In a recent Fox News interview, Jim Messina, former president Barack Obama’s lead adviser and campaign manager in the United States, stated that he intends to purchase the bitcoin crypto assets that are expected to reach $60,000 (USD) in the coming years. He stated that he is ready to bet his favorite Porsche on whether Bitcoin’s growth rate will increase.

Messina served as a key advisor on the BlockchainCom platform in 2021. The CEO of BlockchainCom, Lane Kesselman, mentioned that Messina’s played a key role in expanding the crypto world, majorly in the United States and western Europe.

“You can say that we are probably one of the most prolific companies when it comes to public policy engagement related to crypto globally, certainly in the US and western Europe. That’s a direct result of Jim and his guidance on that front.”

Michael Saylor, the executive chairman of MicroStrategy, is another well-known figure who predicted that the price of bitcoin would reach $69,000 in the coming years. In 2021, he stated that the price of Bitcoin is 50 times better than the precious metal gold. Saylor’s company is one of the largest Bitcoin corporate holders.

“The next logical step for bitcoin is to replace gold as a non-sovereign store of value asset.”

Recently, the Finder’s panel released a 2022 price prediction for Bitcoin. The committee conducted a survey with more than 55 fintech entities on how the Bitcoin crypto asset will perform in the upcoming years. As per the survey conducted by the committee, it showed that the price of Bitcoin is going to increase as compared to its recent price.

According to the developers, under present conditions, it is much better to buy bitcoin. Currently, bitcoin is facing external macroeconomic conditions that cause its prices to fall. There will be a chance that the bitcoin price will again rise if the regulatory system gets better. The committee had expected 11% growth in the bitcoin price by the end of this year, and the bitcoin price is going to be $21,344 (USD) at the end of the year 2022.

As the Biden administration takes steps to enter the crypto space and currency market, the National Institute of Standards and Technology (NIST) is attempting to regulate the nation’s digital space, and the entity recently announced draft regulations on the stablecoin platform.