And this brings me to my third pillar: decentralization.

去中心化。

And some say the transparency and decentralization made it hard for the DAO to coordinate and win the auction.

有人说，透明度和去中心化使得 DAO 很难协调并赢得拍卖。

A coherent system of legal and technical standards for true decentralization.

法律和技术标准体系，以实现真正权力下放。

Because a key part of decentralization is transparency, something we desperately need as we navigate the climate crisis.

因为权力下放关键部分是透明度，这是我们在应对候危机时迫切需要。

So in sum, it's this political centralization and economic decentralization that is actually a simple representation of China's model.

所以总而言之，就是这种政治上集权和经济上分权，其实就是中国模简单表现。

But while Bitcoin is the energy consuming face of this model, blockchain is the logic of decentralization at the heart of it.

但是， 虽然比特币是该模型能源消耗面，但区块链是其核心去中心化逻辑。

I do think that cryptocurrency is very good because the conversation about decentralization, and that kind of stuff has been very helpful when it comes to just having a better understanding of not only the economy but also politics.

我认为加密货币非常好，因为关于去中心化对话，这类东西非常有帮助，不仅要对经济有更好理解，还要对政治有更好理解。

That form of sentimental decentralization was still in its early stages, and, precedents being few, and the desire to set an example contagious, the matter had become a subject of prolonged and passionate discussion under Miss Hatchard's roof.

这种情感分散化形仍处于早期阶段，先例很少， 树立榜样愿望具有感染力，这件事已成为哈查德小姐屋檐下长期而热烈讨论话题。

But if they do that, that could really, that could be seen as almost traitorous in the crypto community where decentralization, a core component of whether or not something is a security, is just foundational to the entire ideology.

但如果他们那样做，在加密社区中可能会被视为近乎背叛，因为在那里，去中心化——判断某物是否为证券核心要素——是整理念基石。