TechFlow News: On February 11, according to CoinDesk, Joe Lubin, founder and CEO of Consensys, stated in an interview at Consensus Hong Kong 2026 that “blue-chip” decentralized finance (DeFi) protocols have now achieved security levels comparable to those of traditional finance. Lubin believes global banks are “devaluing” and becoming less secure, and he predicts that 2026 will witness a genuine breakthrough in the DeFi space.
Regarding Bitcoin, Lubin holds a different view, noting that “Q Day”—the point at which quantum computers could potentially break current cryptographic systems—poses an “existential threat” to Bitcoin. While he personally believes Q Day remains distant, he emphasizes that artificial intelligence will accelerate technological advancement. Lubin stated that Ethereum will soon be in excellent shape, whereas other blockchains may face severe technical challenges and systemic risks in the future.
