This week in Bitcoin, 3D Printing, Wearable Tech, and Crowdfunding (Mt. Gox, Kickstarter, more)

Bitcoin

Coinbase's Brian Armstrong discusses the Mt. Gox situation in a Tech Crunch article (link here). It is important for the survival of the Bitcoin industry to be out in front on this issue. Everyone in the industry will need to work as one and be extremely transparent with their dealings in the near future.

One problem with the Mt. Gox collapse is the continued use of the word "disappearance" of the bitcoins. The bitcoins did not disappear and are in the control of someone else. It would help the industry a great deal to be able to catch the hackers and at the very least expose their actions.

Wearable Tech

- @wearablenewscom is a reliable handle in the wearable tech sector. Continue to use #wearabletech to see all things wearable being tweeted.

- Passing this GIGAOM article about having success in the wearable tech industry. The link is here.


3D Printing

- There is a monster governmental project to speed up the 3D printing process. The Forbes article link is here. Cincinnati Incorporated is partnering with Oak Ridge National Laboratory in the project.

 

Crowdfunding

- Kickstarter is close to reaching $1 billion of project funding. With contracts worth 3-5%, the founders are somewhere around 30-50 million dollars richer before expenses.