From an Economist article dated Nov. 18th, 2007, just prior to the Financial Crisis: “Institutional investors have been looking for ‘uncorrelated’ assets ever since the equity bear market of 2000–2002. They realised that they made too big a bet on the stockmarket and wanted to diversify. But neither government bonds nor cash offered the level of returns they desired.” Uncorrelated assets move independently of major stock market indices, potentially giving opportunity for savvy investors to “beat the market.” For years, Bitcoin has widely been considered an “uncorrelated” asset. By and large this has been ... (full story)