If you are an ardent geek and follow everything crypto, you must know that the HBO’s TV series “Silicon Valley” has aired an ICO themed episode with the same title. The guys from the Pied Piper company came together to celebrate Series B’s upcoming success but soon changed to pursue an ICO when their original propaganda starts to show bad signs. The social platforms were overflowing with discussions about the Season 5, episode 7 and the groups came to a consensus that the show was feature-heavy. As it seems, the TV series has done a commendable job in mainstreaming the digitized currency exchange.
Ratings for season 5 have considerably dropped due to the poor opening episodes of the season, however, the last few tried to keep up its standard. Owing to its fan base though, HBO has renewed Silicon Valley’s contract for a sixth season.
In the corresponding episode, at an interview with Emily Chang for the Bloomberg tech, Pied Piper’s chief systems architect and one of the main characters of Silicon Valley, Bertram Gilfoyle expressed his long interest in cryptocurrencies. He admitted, he has been mining bitcoins since 2009 where he described the “underground” notion of cryptocurrencies was meaningful to “only true believers.”
According to one of the Reddit members, the most significant part of the episode was the storyline which did not sugarcoat the truth. The team exposed the risky side of crypto as well. For example, in the episode, the company’s management heads met at a dumpster discussing the ICO with an advisor who suggested three dozen startups on token sales. When the team countered the suggestion, the advisor stated “It’s not always about money. Sometimes it’s about wisdom.” and shared his story of losing $1 billion across the deals and physically $300 million in digital currencies when he lost his thumb drive with the funds stored inside.
The Pied Piper exists in its own virtual world and started trading Pied Piper at $0.07 and must trade for $68 per coin in order to attain the valuation they were supposed to receive with the venture capital backing. The season is still up and running and hopes to increase their viewership.
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