I recently met with a friend of mine, a West Coast venture capitalist.

我最近和我的一位朋友見面，他是西岸的創業投資人

He was very early on this. He's made a lot of money on this and so on.

他很早就開始投資比特幣，並賺了很多錢等等

I cornered him at a cocktail party and I said "Now listen, I want you to explain to me what this really is."

我在一場雞尾酒宴會上把他拖住，並說「聽好，我希望你可以跟我解釋比特幣到底是什麼。」

"Well you know, ok, it’s a controlled deal and these miners. And there’s only so many of them."

「你知道，好吧，這是個受控交易，還有這些比特幣礦工，他們人非常多。」

And I said, "How about the guys behind this?"

然後我說「那在幕後操縱這一切的人呢？」

"Well you know nobody… well we think we know who he is."

「你知道沒有人⋯好吧，我們認為我們知道他是誰。」

I just… you know this…

我就⋯⋯你知道這⋯⋯

Actually back in the… back in the South Sea Bubble, which is one of the great speculations.

事實上，在南海泡沫事件的時候，這是最大的投機事件之一

And there's a book by a guy named Mackay.

那時有本書，作者是一個叫 Mackay 的人

It's a classic book. But he describes in there the South Sea Bubble, which was one of the great speculations.

那是本很經典的書，但他提到南海泡沫事件，也就是史上最大的投機事件之一

And this one guy comes out. And he puts an ad in the paper.

那時有個人在報紙上刊登了一份廣告

He said "Great discovery, wonderful investment, but I won't tell you the details."

他說：「超棒的發現，超讚的投資，但我不會告訴你細節。」

And a lot of suckers in London invested in this.

而倫敦的一堆蠢蛋就投資了他

And the last line was "This guy collected all the money, closed up, left for the continent that evening, never to be heard of again."

這個故事的最後一行寫說：「這個人拿了全部的錢，讓公司關門，當晚離開歐洲大陸後就再也沒有人聽過他的消息。」

I'm just very suspicious of things that are not transparent.

我就是對這些不透明公開的事物感到很質疑

If I can’t understand it, I don’t want to invest in it.

如果我沒辦法理解它，我就不想投資它