itcoin has had many trials in the nearly ten years it has existed. The "Bitcoin is Dead" rhetoric that made its way around the internet is now a running joke with its own website to catalog the now obviously fallacious stories.

Over the last several years, this ecosystem has been a rollercoaster ride of the market: its rapid expansion, the hacks, and – of course – sensational headlines. On this wild ride, it has been easy to lose sight of what Bitcoin means and what it represents fundamentally.

Core and Cash

Recently, we have been flung into fundamental debates about what Bitcoin is, was, or ought to be. For the past year, Bitcoin has been plagued by high fees and long confirmation times due to the one megabyte limit on each chunk of transactions it processes approximately every ten minutes.