Joe Lubin claims DeFi is as safe as traditional finance, adding that bitcoin is in crisis
Joe Lubin asserted that blue-chip DeFi is as safe as traditional finance, while expressing concern over Bitcoin's vulnerability to quantum computing.Summary
During an interview at Consensus Hong Kong 2026, Consensys founder and CEO Joe Lubin stated that "blue chip DeFi is very safe," arguing it has reached parity with traditional finance, which he believes is becoming less safe globally, citing examples like the Greek haircuts during the Global Financial Crisis. Lubin predicted a significant breakthrough for DeFi in 2026. Conversely, he expressed concern regarding Bitcoin's long-term viability due to the potential for "Q Day," when quantum computers could challenge current encryption methods. While believing this threat is distant, he noted that AI could accelerate scientific pursuits, positioning Ethereum well for the future while suggesting the rest of the world might face a "Y2k situation."
(Source：CoinDesk)