Bitcoin was born out of a financial crisis, its debut announced in early 2009 with a block of data containing a headline referencing bank bailouts. Since then, a popular narrative around the technology has been that it's a hedge against the rest of the world—when the Black Swan finally rears its ugly head, the unwashed masses with their worthless dollars will grovel before the fleece vest-wearing, cryptocurrency-wielding elite. Ha-ha! Anyway, none of that shit has happened during the first real, global test of this theory: the ongoing coronavirus pandemic. As the US stock market saw its worst crash since 1987, ... (full story)