Changpeng Zhao: Bitcoin Will Eclipse US Real Estate as the Ultimate Store of Value
Move over McMansions—Bitcoin’s coming for your equity.
CZ’s latest prediction sends shockwaves through traditional finance circles as he doubles down on crypto’s dominance. The former Binance CEO argues Bitcoin’s scarcity and global liquidity make it the superior asset class—while Wall Street still tries to price in ‘intangibles’ like granite countertops.
Here’s why the smart money’s flipping from bricks to bits.
Scarcity wins every time. With just 21 million coins ever, Bitcoin’s hard cap makes even prime Manhattan real estate look inflationary. No zoning laws, no property taxes—just pure, programmable value.
Global liquidity on steroids. Try selling a Beverly Hills mansion at 3AM on a Sunday. Bitcoin never sleeps, with $100B+ daily trading volume putting every MLS listing to shame.
The institutional tide is turning. BlackRock’s ETF was just the start—pension funds and family offices now allocate more to crypto than vacation homes. Because nothing says ‘retirement plan’ like a hardware wallet.
One cynical footnote: At least when Bitcoin crashes 30%, you don’t have to repaint the walls.
$106,879 could soon surpass the value of an average US home. Zhao announced this intriguing hypothesis on June 26th, following an unexpected move by the US Federal Housing Finance Agency (FHFA). The FHFA prompted Fannie Mae and Freddie Mac to explore utilizing Bitcoin as financial reserves in mortgage applications. Such a proposal marks a significant shift, potentially paving the way for Bitcoin to gain formal recognition in housing loan evaluations. According to industry insiders, this could be a turning point toward institutional acceptance of cryptocurrencies.
ContentsRoadmap to Bitcoin-Backed MortgagesThe New American Dream: 0.1 Bitcoin
Roadmap to Bitcoin-Backed Mortgages
On June 26th, FHFA Director William J. Pulte outlined the conditions under which borrowers could present Bitcoin as financial reserves. Key requirements include holding assets on US-regulated exchanges, documenting ownership, and considering price volatility deductions. If approved, the regulation would introduce a new credit scoring layer, expanding mortgage accessibility for individuals with Bitcoin savings.
While financial circles commend the proposal as an innovative strategy to sustain liquidity in the mortgage market, critics highlight the additional risks posed by Bitcoin’s volatile price swings for lenders and borrowers. Although FHFA officials argue that volatility deductions might balance these risks, the practice’s specifics are expected to spark debates among Congress and industry representatives.
The New American Dream: 0.1 Bitcoin
In a statement on X, Changpeng Zhao correlated the future “American Dream” with owning 0.1 Bitcoin rather than a house. The limited supply of Bitcoin combined with increasing institutional demand presents an optimistic outlook for long-term investors. Zhao’s remarks resonated widely within the community, with proponents underscoring the inevitability of governmental agencies recognizing cryptocurrency as collateral.
Changpeng Zhao’s bitcoin Commentary
Conversely, some analysts recall post-2008 housing finance defaults, warning that crypto-backed mortgages could introduce new vulnerabilities. Critics highlight Fannie Mae’s historical burden of absorbing borrowers’ payments, suggesting that these could reflect on balance sheets during the August-October period. They posit that Pulte’s proposal is a bid to invigorate the market. Still, if the regulation becomes law, it’s seen as inevitable that Bitcoin will secure various uses in mainstream finance.
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