Odaily News In the RockTree OG Talks series of roundtable talks co-organized by RockTree Capital and Odaily, Markus Thielen, head of research and strategy at Matrixport, said that unlike the West, most Chinese investors regard Bitcoin as an alternative asset, just like Same with gold, real estate and stocks. In China, Bitcoin is used as a tool for value preservation and appreciation rather than a tool for frequent transactions. This concept stems from Chinas special circumstances, including foreign exchange and capital controls, which make investment options relatively limited. Thielen also said that with the legalization and application of the cryptocurrency industry in countries such as the United States, the market value and trading volume of Bitcoin and other cryptocurrencies have increased significantly. Thielen emphasized the dual driving role of policy and technology in market development and believed that China’s Bitcoin and cryptocurrency markets are undervalued. Thielen finally said that as the policy and market environment continue to evolve, cryptocurrency will play an increasingly important role in the global financial market, and the Chinese market has huge development potential.