Former Coinbase CTO says it's easier to create Bitcoin than reform the Fed

It is easier to create Bitcoin than to reform the U.S. Federal Reserve (Fed), according to former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan. Wu Blockchain reported, citing a recent interview, that Srinivasan contrasted the rapid growth of social platforms like Facebook over 20 years with the slow and often delayed reform efforts at traditional institutions. He explained that Bitcoin's core idea is to enact change by exiting the current system. By leaving the existing framework to build something better, he argued, it compels institutions like the Fed to apply stricter standards to themselves. Srinivasan emphasized that Bitcoin's philosophical significance is greater than its technical one, as it proves that building a new form of society is possible.