In the most general sense, anarcho-capitalism is a political philosophy that advocates the elimination of the state in favor of individual sovereignty, private property, and free markets.
In the context of Bitcoin, anarcho-capitalism can be thought of as a system in which there is no centralized authority controlling the network or dictating its rules. Instead, individuals are free to transact with one another directly on a peer-to-peer basis, without having to go through any third party.
This decentralization is one of the key selling points of Bitcoin and other cryptocurrencies.
Critics of anarcho-capitalism argue that it would lead to a “wild west” scenario in which there would be no rules or regulations, and anything would go. However, supporters argue that the free market would eventually self-regulate, and that competition would lead to the rise of reliable and trustworthy providers.
Ultimately, whether or not Bitcoin is anarcho-capitalist depends on your interpretation. However, it is undeniable that the decentralized nature of the network does align with many of the principles of anarcho-capitalism.