Safety first: Why Adam Back says Bitcoin is winning the 'DeFi security war'
Adam Back argues that Bitcoin’s simple, robust architecture makes it more appealing to institutions than vulnerable, experimental DeFi ecosystems.Summary
At Consensus Miami 2026, Blockstream CEO Adam Back stated that Bitcoin is attracting institutional investors by prioritizing security and simplicity over the experimental risks prevalent in other DeFi ecosystems. Following numerous high-profile hacks in the broader crypto space, Back noted that institutions are increasingly adopting Bitcoin’s conservative, secure infrastructure for tokenization and financial activities. He highlighted the Liquid Network as a prime example of secure, Bitcoin-native trading. Furthermore, Back identified a new phase of adoption characterized by institutional portfolio allocations from pension funds and sovereign entities, alongside the growth of Bitcoin treasury companies like his own firm, BSTR.
(Source：CoinDesk)