Thursday, December 5, 2013

2014 Year of The Bitcoin and 3D Printing

One of the things that the end of a year brings is predictions for the next year. In fine fashion, Keane Venture Capital and Consulting will dive in head first in this aspect.

One thought had is that 2014 will be the year of Bitcoin and 3D Printing. The expansion of both items will make every day media outlets and business provide coverage and opinions that will reach the majority of the public. Both items are using the rise of popularity with the increased access to create and change marketplaces.

3D printers are just starting to get mass penetration into many different markets. The feeling is that it will have a snowball effect on manufacturing in general with lower costs and speed improvements. There will probably be some purchases of 3D printing companies by larger, more seasoned companies like Hewlett Packard, Canon, Motorola, and others. The Wall Street Journal just wrote an article on how the United States Congress is in the process of passing a law banning the manufacturing of fully operational plastic guns since metal detectors cannot pick them up. Idea Lab has already mentioned the weapons in an article written here. 

Bitcoin has already received more attention in the last few months than ever before. Investors are starting to come to be interested. Exchanges are starting the process of entering the mainstream by getting hearings by government regulators. Recently, an ATM was delivered in Vancouver. There is growth in organizations that are accepting the bitcoin as payment. As more and more market penetration occurs, the popularity will increase. 2014 looks to be the year for that to happen. Maybe the Winklevoss twins are on to something here.

A weekly article on the growth of 3D printing and Bitcoin will happen on this blog. As Bitcoin and 3D printing expand, many positives will occur for businesses related to both. By the end of 2014, both are predicted to have a monumental impact on both manufacturing and finance.

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