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Predictions that bitcoin would collapse have not borne fruit. Despite its bubbles and crashes, the cryptocurrency is now a semi-permanent feature of the financial landscape. What it is not, however, is a generally accepted currency.

For the second time in as many years, Apple has had to temper its sales outlook because of unexpected shifts in China, the country that’s served as the engine of its growth and success.

Every generation or so, money goes through an evolutionary shift, and 10 years from now the fiat currencies currently in use will be regarded as relics of a bygone age, much like the fax machine.