Draft document · September 2026Price: one inconvenient fact

F@*K Bad Politics

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Official name · Ticker FBP · Token details not final

$FBP Whitepaper

Every Whitepaper Promises the Future. We're Promising Accountability, Which Is Somehow Rarer.

Version 0.1 — “We Wrote This Sober, Unfortunately”

Abstract

Politics generates more unverified claims per minute than any other human activity except dating app bios. We built a machine to check them anyway. Then we put a coin on it, because apparently that's how you get anyone to look at a fact-checking project in 2026. This is that coin's whitepaper. It is legally a whitepaper. It is spiritually a diary entry.

“I have the best words.”Donald Trump, 2015

We agree. We are simply fact-checking which ones were also true.

1. The Problem

Every day, someone with a microphone says a number. The number is wrong. Fourteen million people repeat it before dinner. By the time anyone checks the record, the claim has already won, gotten a promotion, and bought a house.

40% of Russia’s GDP is now a war economy.Claim tested · Mette Frederiksen, Denmark · FALSE · TjekDet

The available estimates placed Russian defence expenditure around 8–10% of GDP. The Prime Minister’s Office later corrected the figure. Numbers travel faster than corrections. That is the problem.

2. The Solution

A website. A growing archive of claims. A toilet brush that goes into a mouth when someone is wrong. You click a button. You find out if you were right. You are, statistically, not right. Nobody is. That's the product.

We call this “gamified epistemics.” Our lawyer calls this “a website with a game on it.” We are both correct.

Germany has around 500 known Islamist threats walking free, mainly from Afghanistan and Syria.Claim tested · Friedrich Merz, Germany · FALSE · CORRECTIV

The relevant BKA figure was 208 classified threats at liberty, and the nationality description was also inaccurate. We cannot stop a politician from using a large number. We can put the smaller, documented one directly underneath it.

3. Tokenomics

Draft notice: Supply, allocation, taxes, locking and launch mechanics have not been finalized. Nothing in this section is a launch commitment.

Total Supply: A number. It will be big. Numbers are usually big in this industry — it's a tradition, like throwing rice at weddings, except the rice is inflation.

40%Liquidity, so the chart has a chance of doing something other than a single vertical line down.
20%“Community” — a word that means “wallets we don't control yet.”
15%Team — we did build the toilet-brush animation; that took effort.
15%Marketing — memes are not free, spiritually or otherwise.
10%“Reserve,” which is industry jargon for “we'll figure this out later.”

Tax: Some percentage, low enough that you won't notice, high enough that we will.

Burn mechanism: Yes. We will burn tokens. We will also, separately and unrelatedly, burn your expectations of this ever being financial advice.

In 2024, the Italian economy will grow more than the European average.Claim tested · Giorgia Meloni, Italy · FALSE · Pagella Politica

EU Commission, OECD and IMF forecasts placed Italy below the European average. Forecasts are not tokenomics. We mention this because tokenomics is also full of people confidently describing the future.

4. Utility

Holding $FBP does not make politicians tell the truth. Nothing does. Holding $FBP does, however, get you:

  • Bragging rights on the leaderboard
  • Access to submit claims for the queue — we reserve the right to laugh and reject them
  • The warm feeling of having financially participated in a bit
Since 2012, Norway has received nearly 80,000 people who were granted residence.Claim tested · Sylvi Listhaug, Norway · MOSTLY TRUE · Faktisk.no

The number held when asylum cases, quota refugees and relevant family immigration were included. Even politicians we make fun of are allowed to be right. It is deeply inconvenient, but methodologically necessary.

5. Roadmap

Phase 1 — Now: Finish the website, claim archive and politician reactions.
Phase 2 — After the website is ready: Launch the FBP token. No contract will be published before then.
Phase 3 — Eventually: More claims added. Leaderboard gets competitive. Someone screenshots their score and posts it, thereby doing our marketing for free, which was the plan the whole time.
Phase 4 — TBD: We have genuinely no idea. Neither does anyone else in this industry.
A Labour–EU agreement could force the UK to accept around 100,000 European asylum seekers.Claim tested · Rishi Sunak, United Kingdom · FALSE / UNRELIABLE · Full Fact

The figure depended on several assumptions and a misreading of the proposed EU arrangement. A roadmap built from assumptions is still a roadmap. It is just one you should not drive on.

6. Team

Anonymous, like everyone else in this industry, for reasons ranging from “operational security” to “our mothers cannot know about this.”

7. Risks

This is a meme token. It could go to zero. It could go up and then to zero. It could go sideways forever like a claim nobody bothers to fact-check. Do not buy this with money you need for rent, food, or maintaining relationships with people who will ask “wait, you bought what?”

Two former Conservative prime ministers had convictions for breaking the Covid rules.Claim tested · Keir Starmer, United Kingdom · FALSE / INACCURATE · Full Fact

Boris Johnson and Rishi Sunak received fixed penalty notices, not criminal convictions. Words that sound legally similar are often legally not similar at all. This document is satire. The methodology is real. The token is not investment, financial or legal advice.

8. Conclusion

Politicians will keep talking. We will keep checking. A toilet brush will keep entering a mouth at regular intervals. None of this will fix politics. Some of it might be funny. That was the bar. We cleared it.

Migrants regularised in Spain can later settle in France and access the French welfare system without conditions.Claim tested · Jordan Bardella, France · FALSE / MISLEADING · AFP Factuel

A Spanish residence permit does not automatically grant the right to settle or work in France. Borders remain complicated. Political sentences remain suspiciously simple. Our department is numbers, dates, documents and things that happened or didn't.