Matt and Kelso examine crazy amounts of money thrown at blockchain projects.

Warranted or not, blockchain is officially a multi billion dollar industry, and it has achieved that status during what’s now known as the extended Crypto Winter -- a bear market closing in on a year long.

And estimates by industry insiders claim 2018 is on pace to break investing even during the bull run of late last year.

Timestamps: 1:30 - Elon Musk vs. the SEC 5:28 - The ecosystem health outside of tokens (Coinbase, Bitcoin.com) 7:09 - The bear market 9:04 - Wealth transfer and ICOs 11:26 - Are token sales for the people? 13:37 - Major investments outside of ICO’s, Dow Jones, and Fundamentals 15:18 - Gearing up for the next bull run 17:56 - Going back to Bitcoin in 2013 to provide perspective for today

Mentioned in the show:

https://techcrunch.com/2018/05/20/with-at-least-1-3-billion-invested-globally-in-2018-vc-funding-for-blockchain-blows-past-2017-totals/

https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says

https://elementus.io/blog/ico-market-august-2018/

https://www.coindesk.com/bitcoin-2013-to-draw-1000-and-the-winklevii-to-san-jose-this-weekend/