In my opinion, Federated tokens are shitcoins too. Anything you trade your bitcoin for is inherently less valuable than bitcoin, Giving it “shitcoin” status. Chaumian ecash does work, But so does ethereum. The consensus is that bitcoin has the widest adoption, And is the most valuable.
Discussion
Yes. I think you took my note as an endorsement of e-cash for some reason when in reality, it was a bashing of the idea that all digital currencies are consensus networks.
If a government body has consensus on something we don't say that the people being subjugated to its decision as participating in consensus.