Joseph Lubin on financial privacy
From Joseph Lubin: Ethereum, Bitcoin, and the Future of Finance. · · TF
“I would argue that financial privacy is incredibly important. So like any great new technology it can be used for a small number of bad things, small number of bad use cases and a huge number of good use cases. So financial privacy in the form of what medication you're buying or what kinds of financial transactions you're doing... anytime you have a supply chain you don't want this supplier to know how much you're paying it because if this supplier finds out they'll want a higher price. So all the way through that supply chain financial privacy is incredibly important. So I would argue that 80% of use cases in the world probably require financial privacy and so it's really a red herring for people to say that if you want financial privacy you're probably a terrorist.”
On , Joseph Lubin, CEO & Founder at Consensys, spoke about financial privacy during Joseph Lubin: Ethereum, Bitcoin, and the Future of Finance. on TF.
About Joseph Lubin
Joseph Lubin, CEO of Consensys and co-founder of Ethereum, discussed the tokenization of real-world assets and the future of decentralized finance in two recent appearances. In a June 2026 interview, Lubin stated that "decentralized trust" is "one of the most profound inventions in human history" and predicted "two massive waves of activity" in the ecosystem: "agentic finance" and traditional finance moving onto DeFi. He said Consensys is "ready to welcome our TradFi friends" and expects "hundreds of trillions of dollars of traditional securities to be tokenized on decentralized rails." Lubin described a future where "markets are going to be consolidated" and users can trade equities, bonds, and other instruments as tokenized assets without needing "differentiated markets for the different formats." In a 2024 fireside chat with Michael Arrington, Lubin said his thesis is that "the next super cycle will consist in the early phases of decentralized protocols and hybrid human machine intelligence." He argued that it "may be safer" to put money in "a blue chip DeFi protocol" than in banks that are "rapidly eroding purchasing power." Lubin also called for more "rigorously decentralized stable coins" based on ether or bitcoin, expressing concern about potential government interference with stable coin users. He noted that Consensys "chose the right token," raised $3 billion, and has "staked all of it, nearly all of it," describing the firm as "permanent capital, permanent long-term."