In his book published in 1985 Drexler proposed a molecular bearing consisting of two graphitic nanotubes of different diameter which are concentrically arranged[1]. It was a virtual operation inside a computer. This dream, however, has become more realistic by the discovery of carbon nanotubes by the present author[2]. The present talk reviews the discovery, unique atomic structures, production, growth, expected properties and some experiments on carbon nanotubes.