Opinion by Dr. Scott Lehar
In the early 2000s, it was possible to obtain loans in the United States without confirming your income or property. It was called “no-dock” or “low-dock” loan. Its purpose was to help self-employed or contract workers, but was widely abused. Today, lenders verify income, property, loan and employment.
The financial world is changing whether the centralized fraternity likes it. Once the W-2 veg-end-tax forms, gatekeepers and credit files were required, now being rebuilt on transparency, autonomy and a blockchain wallet.
For the first time, Washington admits that money is not just traditional, it is digital. For more than a century, the American Dream has been reduced to a large dream: homeowner. Financial and psychological milestones indicate arrival, stability and upward mobility.
What happens when a lot of definition of money starts developing? What happens when your balance sheet lives not only in a bank, but also on blockchain?
FHFA move: a policy change with cultural weight
The Federal Housing Finance Agency (FHFA) recently announced that Fanny Mae and Freddy Mac will begin to identify crypto assets as part of the Mac Horticulture Application Assessment.
This subtle but historical step officially brings digital funds within the scope of traditional domestic financing, and in doing so, it redefines that which qualifies for the American dream.
Crypto did not knock on the doors of American dreams. Crypto built a back door and went inside. This new entry point for the homeowner is that inflation and centralized banks made a pipedream possible.
Most headlines focused on immediate implications: Crypto holders may no longer require liquid property to qualify for hostage. But more deep importance is philosophical. The system is no longer asking, “Is crypto real?” It is accepting, “Crypto is money.”
In 2024, Redfin It is reported that 12% of homebukes have planned to use crypto for payment below 5% in 2019. Meanwhile, companies are creating a loan infrastructure that allows people to use digital assets without triggering capital gains.
It is not about publicity. This is happening. A generation of self-made digital investors is working outside the gatekeeper economy. They created funds without permission, often without traditional employment, and now all want the most traditional property: real estate.
The FHFA decision is more than the regulator. It is symbolic. This indicates a change in integration from exclusion.
Not just finance, but freedom
Critics are already catching the rail. They worry that hostage qualifications recognize unnecessary risk by identifying unstable assets such as bitcoin.
However, crypto enthusiasts know and trumpets that instability is not equal to fraud. Many people who defend the old credit model forget that the 2008 financial crisis was not due to crypto but due to excessive outer, synthetic debt and total lack of transparency.
Connected: American regulator ordered Fedi Mae, Freddy Mac to consider Crypto for hostage
Crypto is about transparency. The balance of wallet is not a lie. Smart contracts do not make payment stubs. Decentralized finance is not correct, but it does not pretend to happen that is not it. It alone keeps it ahead of the shadow banking activity of Wall Street.
It is not only about finance; It is about freedom. It is about accepting that the wealth of the 21st century does not always come from Fiat savings or 401 (K) S. Sometimes it comes as an token, an account book or a digital asset, organized by someone who refused to wait for traditional finance to validate them. Risk and revolutionary can be rejoiced!
From roofs to revolutions
Innovation is not just in how people buy a house with Crypto. This is how people use their homes to buy crypto. They are flipping the traditional model. There used to be a real estate dream. Now, for some, it is the launchpad.
Yes, it shows the risk. And no, not everyone should use their home as a bitcoin acquisition engine. This is where informed regulation cases. We need a smart structure that respected innovation while protecting consumers.
The option is worse: a financial system that serves only those who correspond to the older paths of wealth creation. Centralized banks often meet a remnant from the past, but it seems that some are opening their eyes that are indispensable.
New blueprint
This is the new blueprint for American Dream: ownership now involves physical and digital property; Creditworch onchain reflects transparency, not only paper resumes; And the housing market should develop with its people, not against them. Crypto is not a threat to the house. It is a catalyst for its reinforcement.
We do not need more gatekeepers. We need more bridges. For millions of investors, innovators and digital natives, this new policy bridge where they are building and where they want to live now.
Location, location, location is now online, decentralized and transparent.
Crypto is not just changing finance. It is redefined again what it means.
Opinion by Dr. Scott Lehar.
This article is for general information purposes and is not intention and should not be taken as legal or investment advice. The ideas, ideas and opinions expressed here are alone of the author and not necessarily reflected or represented the ideas and ideas of the components.
