I think it is fair for people to say it is inherently shady when the original plan for these tokens was to be 1:1 dollar backed. Moving the goal posts in this s

I think it is fair for people to say it is inherently shady when the original plan for these tokens was to be 1:1 dollar backed. Moving the goal posts in this situation IS shady, and why people are now calling for regulation. People aren't railing against fractional reserves, they're railing against something that was advertised as having full reserve turning fractional with a few sentences on a website.