Joe Lubin claims DeFi is as safe as traditional finance, adding that bitcoin is in crisis

CN
coindesk
Follow
1 day ago


What to know : Joe Lubin claims "blue chip" DeFi protocols are now as safe as traditional finance, arguing that global banks are "debasing" and becoming less secure. While bullish on Ethereum, Lubin expressed concern over Bitcoin’s "existential problem" regarding "Q Day" — the point at which quantum computers could potentially crack current encryption.

Consensys founder and CEO Joe Lubin claimed that decentralized finance (DeFi) is as safe as traditional finance during an interview at Consensus Hong Kong 2026.

Lubin told CNBC reporter Elaine Yu that "blue chip DeFi is very safe, [but] banks are debasing across the world and growing less safe. If you have situations like in the GFC [global financial crisis] where you see haircuts in Greece for example. People lose 25% of their purchasing power."

"DeFi is roughly as safe as traditional finance," he said before adding that in "2026 people are going to see a real break through in terms or DeFi."

Lubin had a contrasting view on bitcoin, alluding to "Q Day" as the day when "encryption can be challenged by quantum computers.

"Bitcoin potentially has an existential problem, it's reasonable to worry about that," he added.

"I personally think it's a long way off but I also think that AI is magic, and AI is going to supercharge many scientific and technological pursuits. Ethereum is going to be in great shape very soon, and the rest of the world is going to be a kind of Y2k situation," he said.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink