Yi Lihua: The core value of crypto lies in on-chain financial freedom, with AI and crypto representing opportunities in new tracks.

Yi Lihua stated that each crypto bear market triggers market skepticism regarding the value of crypto, but he believes its core value lies in "on-chain finance." Bitcoin can be viewed as on-chain gold, exchanges correspond to on-chain casinos, stablecoins correspond to on-chain dollars, and on-chain assets can also map to real-world financial forms such as stocks.