Owning Bitcoin Will Be The New American Dream, CZ Says - adtechsolutions

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Owning Bitcoin Will Be The New American Dream, CZ Says


The ownership of Bitcoins will replace the ownership of the house as an American dream, former CEO of Binance ChangPeng “CZ” Zhao told his followers on social media this week.

Ownership of Bitcoins is a new American dream, says CZ

Post 26 June X from Zhao shows that a crypto entrepreneur celebrating the US Federal Financial Agency for Housing (FHFA), director of Bill Pulte’s decision to order both Fannie Mae and Freddie Mac to consider ways to use cryptocurrencies.

“It’s great to see, BTC counts as assets of mortgages,” Zhao wrote in response to Pulte’s post.

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

Released in the center, the PULTE command will see Two government sponsored businesses Prepare a proposal with regard to “cryptocurrency as an asset for reserves in their respective assessment of mortgage risks with the family” without first transferring to US dollars.

If they are approved, future homeowners could use cryptocurrencies Saved on any US-regulated centralized stock exchange in its assessment of mortgage risks without being the first to be converted to USD.

“Today is a historical day in the cryptocurrency industry and the mortgage industry, while Fannia Mae and Freddie Mac are now position to include cryptocurrencies in mortgages,” Pulte said in a statement in June 25. “I thank President Trump for making the US a crypt of the world in the world!”

Trump speaks bitcoins

Reports about Zhao comments come when Bitcoin held around $ 107,000 on Friday.

During the White House press conference on Friday, US President Donald Trump appreciated the cryptocurrencyHe claims to “choose great pressure from the dollar” and it is “a great thing for our country”.

“It’s amazing,” Trump told reporters.

Contribution Ownership of bitcoins will be a new American dream, says CZ He appeared for the first time Cryptonews.





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