Unlike the Fed's infinite money printing, $FedUp operates under a fixed supply that cannot be manipulated by committee decisions. Every token that will ever exist is mathematically predetermined, eliminating the possibility of hidden wealth confiscation through monetary expansion.
The Fed claims to target 2% inflation (a euphemism for 2% annual theft), while $FedUp guarantees 0% inflation through immutable smart contracts that no human authority can override.
Every $FedUp transaction is recorded on an immutable public blockchain, viewable by anyone at any time. Compare this to the Fed's secret meetings, classified policies, and hidden bailouts that require congressional subpoenas to expose.
Our "monetary policy" is open-source code that cannot lie, cannot be secretly changed, and cannot favor political cronies. The Fed's policy is whatever serves the interests of the banking cartel that owns it.
$FedUp has no Federal Open Market Committee of unelected officials making decisions that affect billions of lives. No single point of failure. No central authority that can be captured by special interests.
The Fed is owned by private banks and operates for their benefit, not the public's. It is the ultimate centralized authority, accountable to no one, wielding more economic power than any democracy should permit.
In the $FedUp system, no one receives new tokens before anyone else. There is no privileged class of first recipients who get to spend new money at yesterday's prices while everyone else suffers the inflation.
The Fed system is specifically designed to benefit those closest to the money printer - banks, government, and asset holders - at the expense of wage earners and savers.
Even if $FedUp is "just a meme," it possesses every quality that sound money should have:
The fact that a "joke" cryptocurrency demonstrates superior monetary properties to the world's most powerful central bank reveals the profound corruption and failure of the existing system.
The Federal Reserve's greatest trick was convincing the world that monetary manipulation by unelected officials is necessary for economic stability. This is demonstrably false.
For over a century, the Fed has:
A simple meme coin with fixed supply and transparent rules would have prevented every one of these disasters.
The choice is clear: Continue accepting theft disguised as monetary policy, or embrace systems that make such theft mathematically impossible.
We hold these truths to be self-evident: that honest money creates honest societies, that mathematical rules are superior to human corruption, and that even a meme coin designed as a joke possesses infinitely more integrity than the Federal Reserve System.
Signed,
The FedUp Reserve System
"The Only Honest Central Bank"
This document serves as educational material about monetary policy and is not financial advice.
However, if it helps you understand how badly you're being robbed by central banking, we consider it a success.