I think people commonly confuse communism with fascism which has always been a component of the American makeup even right down to the age and gender roles.
That is like saying people commonly confuse AIDS for HIV. They two are different, yes, but if a country is infected with communism then it either gets cured or it gets fascism. Communism cannot survive in a non fascist nation & it is one of the strongest causes of fascism
As the historian Victor Davis Hanson states, "Fascism thrives best in a once proud, recently humbled, but now ascendant, people who are ripe to be deluded into thinking contemporary setbacks were caused by others and are soon to be erased through ever more zealotry."
What you are attempting to describe is a movement where an omnipotent government asserts control over every nook and cranny of political, economic, social, and private life. Bitcoin can thrive in this political environment and is, in fact, more necessary there for the citizenry to have monetary freedom.
Indeed, fascism is closely related to communism in both theory and practice. The chief difference between the two is that fascism is rooted in nationalism and seeks to create a socialist utopia
within the confines of a particular country's borders. Communism seeks to transcend national boundaries and promote a
worldwide proletariat revolution, where the foot soldiers are bound together not by a common nationality but by their membership in the same economic class.