Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money

Written By Guest User

Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. Read the full article by: Tom Farren

Key Points:

  • The way that BTC has been banned, crashed, and written off numerous times over the years but it always comes back somehow.

  • Dennis Lynch of Morgan Stanley compared the trials and tribulations of BTC to that of Kenny from South Park with good humor.

  • “I like to say that bitcoin's kind of like Kenny from South Park - he dies every episode, and is back again.” Lynch also said "I think (bitcoin) demonstrates some 'antifragile' qualities during this period of time.”

  • This theory has been put to the test many times including the most recent Evergrande situation and China banning crypto transactions once again causing BTC to drop around 14%.

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