America is the worst of both worlds, has all the negatives of capitalism with the side benefit of not even being a totally free market, it is very restrictive to anyone in poverty because everything needs a license, degree, or some type of certification which requires money and keeps people poor.
there's a different word for that, it's called: __________
(i.e. US and the west are NOT particularly capitalist at all)
My attitude is that socialism can work; on a VERY small scale. Your house. Because you can trust the people you live with to subsidise each other, the practical reality is you have little choice. And if even that goes awry, the impact is contained and small. As soon as you expand the scope of socialism, the exact same parasites that we have abusing an ostensibly capitalist system will commandeer positions of power, simply look at how that happened everywhere socialism is attempted.
But it sounds like you need to have it proven to you before you abandon the concept. There's already a problem; if you're using Bitcoin, you're already a capitalist, as you own individualistic capital. Why didn't you split all your BTC with your comrades? You could do it like this: open a multi-sig wallet, where a majority of the holders is the spending threshold. Why aren't you doing it? It's because you're not a socialist, however else you're deluding yourself.
it can work in that small scale only cuz of voluntary being in that small scale fraction.
if you are the real not retarded socialist, who wants ppl to live good under his leadership(all the people tbh), you should require panarchy, cuz its the only way your socialist goverment would survive