01
The launch thread
The original 2014 [ANN] Federal Reserve Coin announcement on Bitcointalk, posted by btcpay86.
Market overview
Federal Reserve Coin ($FRSC)
Launched by CZ in 2014. Reborn on BNB Chain.
In 2014, on the Federal Reserve's 100th birthday, an account named btcpay86 launched Federal Reserve Coin ($FRSC) on Bitcointalk. That account is CZ. The coin that mocked the money printer, eleven years before the whole chain caught up.
Contract
TBA — launching on BNB Chain
- 0% buy / 0% sell tax
- LP burned
- Contract renounced
- 100% fair launch
2014Original launch
100Years of the Fed
BNBChain
0/0Tax
∞Total mining time
Dedicate to 100 Years of the Federal Reserve
The lore
The oldest CZ coin nobody remembered
Federal Reserve Coin wasn't a fork of a fork. It was a joke about central banking, shipped by the man who would go on to build the largest exchange on earth.
-
Dec 2013
The Fed blinks
On December 18, 2013 the Fed announced the taper of quantitative easing — monthly bond purchases cut from $10B to $75B. Five years of the "printing machine" had a name, and crypto had a punchline.
-
Jan 2014
$FRSC is born
FRSC launches on Bitcointalk, timed to the Federal Reserve's 100th birthday — a virtual currency dedicated to a century of "printing", and to the people who kept paying for it. Tagline on the original site: WILL NOT BE DEVALUED COINS.
-
2014
btcpay86 is CZ
The launching account, btcpay86, is CZ himself. His post history reads like a résumé of early crypto: hands-on wallet support, exchange plumbing, and — translate the page and search for it — blockchain.info, where CZ worked before Binance.
-
2025
The seal returns
The original chain faded, the domain lapsed, the site survives only in the Wayback Machine. The ticker doesn't die. $FRSC is reborn on BNB Chain — CZ's coin, on CZ's chain, holding the same seal.
Primary sources
- ANN thread → topic=493871
- Post history → user 202137
Verify, don't trust
The receipts
Every claim on this page is a public forum post. Open them yourself.
02
btcpay86 = CZ
The full post history of user 202137. Turn on your browser's translate, then search the page for blockchain.info — CZ's employer before he founded Binance.
03
Answering for blockchain.info
The same account repeatedly fields blockchain.info support questions and talks about his role there — in public, on the record, in 2014.
04
The original website
federalreservecoin.org, 31 captures between Jan 2014 and Nov 2020 — the seal, the wallet downloads, the mining pools, the disclaimer: "This's Not The Fed's Official Website."
Community research, not an official statement. $FRSC is a memecoin with no affiliation to CZ, Binance, BNB Chain, blockchain.info or the Federal Reserve System.
Declassified
The original 2014 spec sheet
Reproduced from federalreservecoin.org as it stood in February 2014.
http://federalreservecoin.org/ · capture: 28 FEB 2014
- FRSC was born in the Federal Reserve 100th birthday. This's a virtual currency, let us feel the true meaning of the Federal Reserve system.
- December 18, 2013, the Fed announced its withdrawal of quantitative easing (QE), its withdrawal from January 2014, the monthly scale bond purchases will be reduced from 10 billion to 75 billion U.S. Five years ago, the Fed opened a lot of people have been likened to "printing machine" QE monetary policy.
- FRSC use scrypt algorithm, produce one block per minute, each block of the first year a 20% reduction coins every 30 days, in the second year unchanged, third year decreased by 50% per year, the total mining time is infinite.
- Open Source download: Local Download — port 5895, rpc port 5894.
| Parameter | Value |
|---|---|
| Algorithm | Scrypt |
| Block time | 60 s |
| Year 1 emission | −20% / 30 days |
| Year 2 | Unchanged |
| Year 3+ | −50% / year |
| Mining time | Infinite |
Monetary policy
Tokenomics
Hard capped. No mint function. No taper announcements at 2pm.
1,000,000,000$FRSC total supply
| % | Allocation |
|---|---|
| 90% | Liquidity pool — LP burned at launch, forever unpullable |
| 5% | CEX listings & market making |
| 5% | Community rewards, raids & the FOMC treasury |
| 0% | Team allocation. The Fed prints; we don't. |
Contract renounced
Liquidity burned
0 / 0 tax forever
No mint, no blacklist, no pause
Audit & KYC on the way
Open market operations
How to buy $FRSC
Four steps. No 12-member committee required.
-
1
Get a wallet
Install Binance Wallet, MetaMask or Trust Wallet and switch the network to BNB Smart Chain.
-
2
Fund it with BNB
Buy BNB on any exchange and withdraw it to your wallet address on BNB Chain. Keep a little for gas.
-
3
Open PancakeSwap
Connect your wallet, paste the $FRSC contract address above into the token field and confirm it.
-
4
Swap & hold
Swap BNB for $FRSC, confirm the transaction, and welcome to the Board of Governors.
FOMC minutes
Roadmap
Released without redactions.
Phase 1
Reserve Formation
- Fair launch on BNB Chain
- Liquidity burned, contract renounced
- Website, X, Telegram live
- The lore goes public
Phase 2
Open Market
- DexScreener & DexTools trending
- 1,000+ holders
- CoinGecko & CoinMarketCap listings
- KOL & community raids
Phase 3
The 100 Year Audit
- Third-party contract audit
- Tier-2 CEX listings
- $FRSC merch: the seal, on cotton
- Community FOMC treasury votes
Phase 4
Full Reserve
- Tier-1 CEX push
- On-chain archive of the 2014 chain
- Holder-funded lore documentary
- The printer stays off
Public information
Current FAQs
Informing the public about the Federal Reserve Coin.
Is $FRSC officially connected to CZ or Binance?
No. $FRSC is a community memecoin built on the 2014 history of Federal Reserve Coin. It is not endorsed by, affiliated with or operated by CZ, Binance, BNB Chain or the Federal Reserve System.
Is this the same token as the 2014 coin?
No. The 2014 FRSC was a standalone scrypt proof-of-work chain. This is a BEP-20 token on BNB Chain that revives the ticker, the seal and the story. The original chain is no longer maintained.
How do I know btcpay86 is CZ?
Read the account's public post history yourself — it's linked in The receipts. Translate the page, then search for blockchain.info: the account answers support questions for blockchain.info and discusses working there, which matches CZ's role before Binance. Draw your own conclusion.
What's the tax?
0% on buys, 0% on sells. Permanently. There is no mint function, no blacklist and no pause switch.
Where is the liquidity?
Burned at launch. The LP tokens are sent to the dead address, so the pool cannot be pulled.
Will $FRSC be devalued?
Per the 2014 homepage, in capitals, across the seal: WILL NOT BE DEVALUED COINS.