Pouring one out for all those who were impacted by the FTX collapse. If you lost more money than you can afford, I'm so sorry.

I promise it will get better.

向所有受ftx坍塌影响的人倾诉：如果FTX事件使你蒙受了巨大的损失，我很抱歉；但是我向你保证，事情会好起来的。

But more things will break. We don't know yet the full tangle that was wrapped up with FTX/Alameda, and the indirect contagion effects are yet to be felt. More is coming.Those who are fine announce it first. We learn what's broken later.Control your risk, and make sure you're ready to brave the storm.

Survival is the name of the game for the next minute.

但是更糟的局面还没有到来，对于ftx/Alameda所涉及的诸多事情我们还尚不明确，其间接影响也还尚未显现。接下来会有更多的事情发生，人们总是会宣布好的消息，实在支撑不住了才会宣布坏的消息。控制好风险，并确保你已经准备好了迎接一切挑战；接下来的时间里，生存才是这场游戏的主题

We'll get continual coverage of who knew what, what the money was spent on, and who pressed the buttons.

At this point, it doesn't matter.

It doesn't fucking matter.

Yes, we need to know how the structure worked so we can do better diligence in the future, but that's it.

我们会看到持续的报道，关于内部人员知道什么，钱花去了哪里，以及谁做出了决定；但现在，这些已经不重要了。他妈的一点关系也没有了。我们只需要知道整个体系的运作模式，以更加谨慎的态度对待未来的工作，而且能做的只有如此

To take pleasure in the orgy of public disgrace is itself disgraceful. And it distracts from the important work of moving forward.

在公众羞耻的狂欢里寻找快乐本身就是可耻的，而且它会让我们从眼前重要的工作中分心

Many will say now this proves crypto is all frauds and bullshit artists. Nothing is this space is trustworthy. But “You talked a big game,”

很多人会说这件事证明了加密领域的人都是骗子和胡说八道的艺术家，没有谁是可以信任的。但这纯属无稽之谈。

But through all of this, DeFi worked flawlessly and remained completely transparent.

Because DeFi renders these kinds of frauds impossible.

Uniswap, MakerDAO, and Compound all worked and processed every trade and withdrawal. It is impossible for them to defraud anyone—it's in the code.

Thus the motto of crypto: don't trust, verify. Not humans, but code.

但这一切都说明，defi不仅运行的毫无瑕疵，而且完全公开透明，这是因为所以欺诈行为在defi里都不会发生。他们运行良好，处理着每一笔交易和提。由于代码里规定了相应的内容，他们不可能欺骗任何人。加密世界有一句座右铭：不要信，去验证；不要相信任何人而是相信代码。

Pouring one out for all those who were impacted by the FTX collapse. If you lost more money than you can afford, I'm so sorry.

I promise it will get better.

向所有受ftx坍塌影响的人倾诉：如果FTX事件使你蒙受了巨大的损失，我很抱歉；但是我向你保证，事情会好起来的。

But more things will break. We don't know yet the full tangle that was wrapped up with FTX/Alameda, and the indirect contagion effects are yet to be felt. More is coming.Those who are fine announce it first. We learn what's broken later.Control your risk, and make sure you're ready to brave the storm.

Survival is the name of the game for the next minute.

但是更糟的局面还没有到来，对于ftx/Alameda所涉及的诸多事情我们还尚不明确，其间接影响也还尚未显现。接下来会有更多的事情发生，人们总是会宣布好的消息，实在支撑不住了才会宣布坏的消息。控制好风险，并确保你已经准备好了迎接一切挑战；接下来的时间里，生存才是这场游戏的主题

We'll get continual coverage of who knew what, what the money was spent on, and who pressed the buttons.

At this point, it doesn't matter.

It doesn't fucking matter.

Yes, we need to know how the structure worked so we can do better diligence in the future, but that's it.

我们会看到持续的报道，关于内部人员知道什么，钱花去了哪里，以及谁做出了决定；但现在，这些已经不重要了。他妈的一点关系也没有了。我们只需要知道整个体系的运作模式，以更加谨慎的态度对待未来的工作，而且能做的只有如此

To take pleasure in the orgy of public disgrace is itself disgraceful. And it distracts from the important work of moving forward.

在公众羞耻的狂欢里寻找快乐本身就是可耻的，而且它会让我们从眼前重要的工作中分心

Many will say now this proves crypto is all frauds and bullshit artists. Nothing is this space is trustworthy. But “You talked a big game,”

很多人会说这件事证明了加密领域的人都是骗子和胡说八道的艺术家，没有谁是可以信任的。但这纯属无稽之谈。

But through all of this, DeFi worked flawlessly and remained completely transparent.

Because DeFi renders these kinds of frauds impossible.

Uniswap, MakerDAO, and Compound all worked and processed every trade and withdrawal. It is impossible for them to defraud anyone—it's in the code.

Thus the motto of crypto: don't trust, verify. Not humans, but code.

但这一切都说明，defi不仅运行的毫无瑕疵，而且完全公开透明，这是因为所以欺诈行为在defi里都不会发生。他们运行良好，处理着每一笔交易和提。由于代码里规定了相应的内容，他们不可能欺骗任何人。加密世界有一句座右铭：不要信，去验证；不要相信任何人而是相信代码。