As if it weren’t enough that he looks like he’s fallen out of a crappy Newgrounds Flash game in the late nineties, the chap above is called Butz. He’s the star of Final Fantasy V [official site], which will be coming to Steam on September 24th. The “classic 2-D graphics” weren’t classic enough apparently because they’ve been “refined and remodelled”, and the controls have apparently been optimised as well. Based on the 2013 mobile release, the port will also contain an extra area from the 2006 re-release and “the Tetsuya Nomura-designed optional boss Enuo”.
No word on why that guy is called Butz though. The YouTube description refers to him as Bartz.