If owning a home in the US is the only dream you have, think again! Binance founder Changpeng Zhao (CZ) believes that owning 0.1 Bitcoin might one day be more valuable than owning a home in the U.S.
He shared this bold opinion after a major announcement from U.S. housing officials that could allow Bitcoin to be used as a financial reserve when applying for a mortgage.
For CZ, this signals a shift in what the American Dream might look like in the future.
On June 26, CZ responded to a post by William J. Pulte, Director at the U.S. Federal Housing Finance Agency (FHFA), who revealed that the housing giants Fannie Mae and Freddie Mac have been asked to prepare proposals for integrating crypto into mortgage qualifications.
The ultimate purpose is to allow borrowers to use Bitcoin holdings as proof of financial reserves, something that until now was strictly limited to fiat-based assets like savings, investment accounts, or retirement funds.
If accepted, the change could redefine how Americans qualify for mortgages, particularly by broadening access for crypto holders. But there are rules: crypto holdings would need to be verifiable, stored on U.S.-regulated exchanges, and subject to risk-based discounts due to volatility. The FHFA sees this move as a way to modernize borrower assessments and bring crypto into the fold of mainstream financial tools.
CZ applauded the development, calling it a “great step” and boldly claiming that the new American Dream will soon be about owning 0.1 BTC, not just property. The comment sparked wide debate on X, with supporters praising the institutional acceptance of Bitcoin and skeptics warning about crypto’s unpredictable price swings.
While some cheered the move like CZ,
Adding to this, one crypto user has pointed out that under the previous FHFA leadership, Fannie Mae covered mortgage payments even when homeowners defaulted, and no one questioned that policy at the time. With that financial burden set to surface between August and October, the analyst argues that Pulte is simply trying to keep housing transactions alive with the tools he has.
This move could be a big moment for the crypto industry in America. It not only shows growing trust in digital assets but also opens the door for other government agencies to accept crypto in more areas of finance. If approved, Bitcoin could soon play a key role in how people buy homes.
Most likely only Bitcoin and select digital assets held on U.S.-regulated exchanges will qualify, subject to FHFA approval
Crypto assets will be subject to risk-based discounts, meaning only a portion of their value may count due to price swings.
If you don’t sell your crypto (just use it as a reserve), you likely won’t trigger a taxable event, but consult a tax advisor.
Some fintech lenders abroad have piloted similar programs, but the U.S. move is the most significant by a major regulator.
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