DeFi Stands Strong While Bitcoin Faces Future Threats

DeFi is as safe as traditional banking

Joe Lubin, the mind behind Consensys, told a reporter that decentralized finance (DeFi) matches the security of conventional banks.

• He cited the erosion of trust in big banks, especially after crises like Greece’s debt crisis during the global downturn, where people lost a quarter of what they could buy.
• Lubin believes “blue‑chip” DeFi projects offer the same safety level as traditional finance.

2026: A turning point for DeFi

• By 2026, people will notice a major shift in how DeFi operates.
• The sector is poised to grow faster and more reliably, according to Lubin.

Bitcoin faces a quantum threat

• Lubin warned that quantum computers could eventually crack Bitcoin’s encryption.
• He likened the risk to a Y2K‑style problem for the rest of the world, noting it is still far away but real.

AI as a catalyst for progress

• Lubin sees artificial intelligence as “magic” that will accelerate science and technology.
• He expects Ethereum to succeed soon, while other systems may encounter significant challenges.

Bottom line

Lubin views DeFi as a secure alternative to traditional banks, cautions about Bitcoin’s potential quantum vulnerability, and believes AI will drive major changes in the financial landscape over the next few years.