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Former Binance CEO Changpeng “CZ” Zhao informed his followers on social media this week that possessing Bitcoin will supplant home ownership as the American dream.
Bitcoin Ownership Is The New American Dream, CZ States
A post from Zhao on June 26 on X highlights the crypto entrepreneur expressing approval of U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte’s directive for both Fannie Mae and Freddie Mac to explore how cryptocurrencies might be utilized in mortgage risk evaluations.
This is excellent to observe, BTC counts as assets for mortgages!
The existing American Dream is home ownership.
The forthcoming American Dream will be to possess 0.1 BTC, which will exceed the value of a house in the US. https://t.co/xv7NZdRmA8— CZ
BNB (@cz_binance) June 26, 2025
“This is excellent to observe, BTC counts as assets for mortgages,” Zhao remarked in response to Pulte’s announcement.
“The existing American Dream is home ownership,” Zhao elaborated. “The forthcoming American Dream will be to possess 0.1 BTC, which will surpass the value of a house in the US.”
Pulte’s order, issued on Wednesday, will prompt the two government-sponsored enterprises to develop a proposal that considers “cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments” without requiring conversion to U.S. dollars first.
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If sanctioned, potential homeowners could utilize cryptocurrencies held on any U.S.-regulated centralized exchange as part of their mortgage risk evaluation without the need for conversion to USD initially.
“Today marks a historic moment in both the cryptocurrency and mortgage sectors, as Fannie Mae and Freddie Mac are now set to incorporate cryptocurrencies into mortgages,” Pulte stated in a June 25 announcement. “Thank you, President Trump, for establishing the USA as the crypto capital of the world!”
Trump Discusses Bitcoin
Zhao’s remarks come as Bitcoin remained stable around $107,000 on Friday.
JUST IN:
President Trump states Bitcoin alleviates “a lot of pressure off the dollar” and is a “great thing for our country.” pic.twitter.com/PmFVLC1m8k
— Watcher.Guru (@WatcherGuru) June 27, 2025
President Trump states Bitcoin alleviates “a lot of pressure off the dollar” and is a “great thing for our country.” pic.twitter.com/PmFVLC1m8kDuring a press conference at the White House on Friday, U.S. President Donald Trump commended the cryptocurrency, asserting that it “takes a lot of pressure off of the dollar” and is “a great thing for our country.”
“It’s become remarkable,” Trump told the media.
The post Owning Bitcoin Will Be The New American Dream, CZ Says appeared first on Cryptonews.
