The Head of Counterpoint Global at Morgan Stanley Investment Management – Dennis Lynch – believes bitcoin has the ability to gain in times of economic disruption and he referred to the asset as “anti-fragile.”

‘Bitcoin Is Like Kenny from South Park’

In a recent conference, the American businessman and executive at Morgan Stanley – Dennis Lynch, revealed his positive stance on bitcoin. He sees it as “anti-fragile,” meaning that it could resist market disorders and even prosper when other assets would collapse. As such, Lynch made an interesting comparison between the leading cryptocurrency and one of the main characters in the award-winning animated series “South Park:”

“I like to say that bitcoin is kind of like Kenny from South Park, you know, the guy dies every episode and he’s back again.”

Lynch admitted that he is a bitcoin owner as the asset represents a global trend that society follows. Morgan Stanley’s executive believes this is one of the factors when looking at innovation:

“Owing a little bit of something where things can go right, but also knowing that there are some things that go can go wrong is not unreasonable when you have a world that has such disruption occurring, and where these upside scenarios wind up being so large.”

However, the American sees some risks in the field, too, as governments might ban the asset class. If this is not the case, though, having bitcoin exposure could only bring profits to…

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