New Season of 'Billions' Opens With Bitcoin Mining Bust

Showtime released the first episode of the fifth season of financial drama series “Billions,” which opened with a Bitcoin mining bust.

The new season, based on the life of the former New York District attorney Preet Bharara, began on May 3 with a plot revolving around a group of cryptocurrency miners operating an illegal Bitcoin (BTC) farm.

Previous seasons talked about the world of the stock markets and legal disputes with hedge fund managers on Wall Street. Crypto enthusiasts may find the new episode more familiar

Bitcoin’s intrinsic value discussion

Chuck Rhoades, the attorney general of New York in the drama series, questioned the leader of the illegal bitcoin mining farm after dismantling the organization.

Chuck asked him the following:

“So your multitude of computers and servers could solve some abstract math equations resulting in the mining of Bitcoin? It’s worth millions right now, whoopee! But it’s backed by what? Nada.”

The miner answered with another question: “What’s the Dollar backed by since we went off the gold standard?”

Crypto community reactions

The first episode of the new season of Billions was the subject of discussion among the crypto community on social networks. Many shared the video clip of the mentioned interrogation scene thousands of times on social media.

One of those who mentioned the episode was Changpeng Zhao, Binance’s CEO, who retweeted the scene on his official Twitter account with the hashtag #Adoption.

The Simpsons also referred to the world of cryptos and blockchain technology in an episode aired in February.