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Bitcoin

Congressman Accepts BitCoin For His US Senate Run 165

SonicSpike writes "U.S. Representative Steve Stockman, a vocal opponent of Federal Reserve policy, told reporters that he wants to promote Bitcoin, whose most fervent evangelists tout as an alternative to fiat currency. To do so, he is now accepting Bitcoin for his Senate campaign against incumbent John Cornyn of Texas. The announcement was made last night at the launch event for the NYC Bitcoin Center, located just up the street from the New York Stock Exchange. Center founder Nick Spanos a real estate developer and Bitcoin enthusiast says the Center itself is still in something of a planning stage, existing more as a statement about Bitcoin itself, though he plans on hosting a hackathon later this month."

Comment Re:Side Show and a Game Changer (Score 1) 199

Yes, I agree entirely. This is what I meant by 'prototyping.' and it is very useful for this. On one project we were retrofitting a new system to address a changed regulation requiring the fuel tanks to be purged with 'inert' (low O2) air. We printed the unit so we could see how it could be 'threaded' through all the existing systems in the place we'd picked to install it. On new designs you can design everything together using digital mock-up but for this niche case, a physical object was much easier to deal with. Sorry for my rather strident tone in the previous post...

Comment Re:Side Show and a Game Changer (Score 1) 199

Did you mean this? This is a long long way from the printer in TFA.

Naturally, NASA isn't using just any 3D printer to pull this off. It hired Austin, Texas–based Directed Manufacturing to fabricate the injector using a printer that employs selective laser melting to fuse layer after layer of nickel-chromium alloy. Such additive metal-based printers cost tens or hundreds of thousands of dollars.

Of course there is a place for such technology, especially in rapid prototyping, but you are NOT going to get commercial aeroplane turbine blades made like this in your or my lifetimes, not until you can 3D print a single metallic crystal.

Comment Re:Side Show and a Game Changer (Score 1) 199

I work in aerospace, where I can't see this technology being used anywhere other than prototyping in decades. The cost of a part has very little to do with 'making' it. The value is in the design, the materials, the quality control and traceability and the qualification testing. The other big industries (Automotive, Oil...) have similarly regulated practices and, although they may adopt this a little sooner, it's still decades away.

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