Proudly owning Bitcoin will substitute house possession because the American dream, former Binance CEO Changpeng “CZ” Zhao instructed his followers on social media this week.
Bitcoin Possession Is The New American Dream, CZ Says
A June 26 X put up from Zhao exhibits the crypto entrepreneur celebrating U.S. Federal Housing Finance Company (FHFA) Director Invoice Pulte’s choice to order each Fannie Mae and Freddie Mac to think about methods cryptocurrencies could also be utilized in mortgage threat assessments.
That is nice to see, BTC rely as property for mortgage!
The present American Dream is to personal a house.
The long run American Dream might be to personal 0.1 BTC, which might be greater than the worth of a home within the US. https://t.co/xv7NZdRmA8— CZ
BNB (@cz_binance) June 26, 2025
“That is nice to see, BTC rely as property for mortgage,” Zhao wrote in response to Pulte’s put up.
“The present American Dream is to personal a house,” Zhao continued. “The long run American Dream might be to personal 0.1 BTC, which might be greater than the worth of a home within the US.”
Issued on Wednesday, Pulte’s order will see the 2 government-sponsored enterprises put together a proposal contemplating “cryptocurrency as an asset for reserves of their respective single-family mortgage mortgage threat assessments” with out first being transformed to U.S. {dollars}.
If accepted, potential owners would have the ability to use cryptocurrencies saved on any U.S.-regulated centralized alternate as a part of their mortgage threat evaluation with out being transformed to USD first.
“Right now is a historic day within the cryptocurrency business and the mortgage business, whereby Fannie Mae and Freddie Mac are actually positioned to contain Cryptocurrencies in Mortgages,” Pulte mentioned in a June 25 assertion. “Thanks President Trump for making the USA the crypto capital of the world!”
Trump Talks Bitcoin
Information of Zhao’s commentary comes as Bitcoin held regular round $107,000 on Friday.
JUST IN:
President Trump says Bitcoin takes "lots strain off the greenback" and it's a "good thing for our nation." pic.twitter.com/PmFVLC1m8k
— Watcher.Guru (@WatcherGuru) June 27, 2025
Throughout a White Home press convention on Friday, U.S. President Donald Trump praised the cryptocurrency, claiming that it “takes loads of strain off of the greenback” and is “an ideal factor for our nation.”
“It’s change into wonderful,” Trump instructed reporters.
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