CZ Declares: Bitcoin Ownership Is the Ultimate 21st Century American Dream

The crypto revolution just got a patriotic makeover. Binance founder Changpeng Zhao (CZ) has thrown down the gauntlet—claiming Bitcoin is now the gold standard for aspirational wealth in the US.

Forget white picket fences. The new status symbol fits in a hardware wallet.

Why hodl when you can flex? With Wall Street still nursing its 2008 hangover, CZ's vision reframes financial independence as something no bank can repossess. (Take that, mortgage-backed securities.)

The pitch? A decentralized alternative to the rat race—where your net worth isn't tied to some CFO's spreadsheet error. Of course, the SEC might have thoughts...

One thing's clear: if the American Dream ever traded on Nasdaq, its ticker would be BTC.

Bitcoin Ownership Is The New American Dream, CZ Says

A June 26 X post from Zhao shows the crypto entrepreneur celebrating U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte’s decision to order both Fannie Mae and Freddie Mac to consider ways cryptocurrencies may be used in mortgage risk assessments.

This is great to see, BTC count as assets for mortgage!

The current American Dream is to own a home.

The future American Dream will be to own 0.1 BTC, which will be more than the value of a house in the US. https://t.co/xv7NZdRmA8

“This is great to see, BTC count as assets for mortgage,” Zhao wrote in response to Pulte’s post.

“The current American Dream is to own a home,” Zhao continued. “The future American Dream will be to own 0.1 BTC, which will be more than the value of a house in the US.”

Issued on Wednesday, Pulte’s order will see the two government-sponsored enterprises prepare a proposal considering “cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments” without first being converted to U.S. dollars.

If approved, prospective homeowners WOULD be able to use cryptocurrencies stored on any U.S.-regulated centralized exchange as part of their mortgage risk assessment without being converted to USD first.

“Today is a historic day in the cryptocurrency industry and the mortgage industry, whereby Fannie Mae and Freddie Mac are now positioned to involve Cryptocurrencies in Mortgages,” Pulte said in a June 25 statement. “Thank you President Trump for making the USA the crypto capital of the world!”

Trump Talks Bitcoin

News of Zhao’s commentary comes as bitcoin held steady around $107,000 on Friday.

JUST IN:President TRUMP says Bitcoin takes "a lot pressure off the dollar" and it's a "great thing for our country." pic.twitter.com/PmFVLC1m8k

During a WHITE House press conference on Friday, U.S. President Donald Trump praised the cryptocurrency, claiming that it “takes a lot of pressure off of the dollar” and is “a great thing for our country.”

“It’s become amazing,” Trump told reporters.