Wait, isn't it obvious that cryptocurrencies like bitcoin are:
fully unchecked capitalism
Socialism is (at least in theory) about regulating the market in a way which puts social aspects in the foreground to maximize benefits for the society as a whole even if it's at the cost a a few.
This requires regulation.
Cryptocurrencies like bitcoin are all about avoiding regulation.
Also in cryptocurrencies in the end the wealthy have all the power, because they can use the wealth to dominate the mining and with this can control which changes are accepted by a blog-chain and which are not (this is a bit more obvious for PoS chains, but applies to PoW chains too).
Socialism is also about every natural person in society (theoretically) having the same power, which is in direct conflict with how modern crypto currencies work.
So IMHO crypto currencies are an aspect of hyper capitalism pretending to be something else.
fully unchecked capitalism
Socialism is (at least in theory) about regulating the market in a way which puts social aspects in the foreground to maximize benefits for the society as a whole even if it's at the cost a a few.
This requires regulation.
Cryptocurrencies like bitcoin are all about avoiding regulation.
Also in cryptocurrencies in the end the wealthy have all the power, because they can use the wealth to dominate the mining and with this can control which changes are accepted by a blog-chain and which are not (this is a bit more obvious for PoS chains, but applies to PoW chains too).
Socialism is also about every natural person in society (theoretically) having the same power, which is in direct conflict with how modern crypto currencies work.
So IMHO crypto currencies are an aspect of hyper capitalism pretending to be something else.