And they want to decentralise power from Bangkok.

他们想从曼谷下放权力。

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力并扩大土著的权利。

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

种类型的投资者在面对 Web3 什么角色，其实就权力的分散。

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

甚有一项法律承认 DAO（中心化自治组织）真正的公司。

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

的，加密货中心化的概念荒谬的。

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.

在其最极端的版本中， 加密货世界中的人们现在正在谈论这些本质上由代码运行的中心化自治组织。

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.

似乎引发混乱的内爆 Terra-Luna 的内爆，这一个中心化的稳定系统，在其鼎盛期价值约 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?

一种与 Web3 的本意背道而驰，权力中心化的。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.

什么加密货？它们一种数字货，但不由中央政府控制，而使用区块链技术进行分散。最近，比特、以太坊等加密货的价格一直在飙升，尤其狗狗。