And they want to decentralise power from Bangkok.

他们想从曼谷下放权。

Chile is in the process of drafting a new constitution, which may decentralise power and expand indigenous rights.

智利正在起草一部新宪法，该宪法可能会分散权并扩大土著权利。

Which kind of flies in the face of what Web3 is supposed to be about, where like the power is decentralised.

哪种类型投资者在面对 Web3 时是什么角色，其实就是权分散。

There was even a law recognising DAOs — decentralised autonomous organisations — as real companies.

甚有一项法律承认 DAO（化自治组织）是真正公司。

Yeah, the notion that crypto is decentralised is just farcical.

是，加密货币是化概念是荒谬。

And in its most extreme version, people in the cryptocurrency world are now talking about these decentralised autonomous organisations which are essentially run by code.

在其最极端版本， 加密货币世界人们现在正在谈论这些本质上由代码运行化自治组织。

The implosion that seems to have set the chaos in motion was that of Terra-Luna, a decentralised stablecoin system, worth around $40bn at its peak.

似乎引发混乱内爆是 Terra-Luna 内爆，这是一个化稳定币系统，在其鼎盛时期价值约 400 亿美元。

Which kind of flies in the face of what Web3 is supposed to be about, where like the power is decentralised. Do I understand that right?

哪一种与 Web3 本意背道而驰，权是化。我理解对吗？

What are cryptocurrencies? They're a type of digital money, but instead of being controlled by a central government, they are decentralised using blockchain technology. And lately, prices have been soaring for cryptos like bitcoin, ethereum, especially, dogecoin.

什么是加密货币？它们是一种数字货币，但不是由央政府控制，而是使用区块链技术进行分散。最近，比特币、以太坊等加密货币价格一直在飙升，尤其是狗狗币。