杨凯：笑谈比BTC还贵的YFI 聊聊它凭啥比币王还拽

刚入币市的有志青年

A young man of interest who's just entered the market.

刚刚进入币市的时候，我最希望自己能够，其实心里也坚信自己一定能够寻找到一个，甚至是“一些”想比特币一样的币。当然，这里所说的“与比特币一样的币”，可不是指在技术上和比特币具有一样的革面性，而是指在赚钱效应上和比特币一样能够让拥有者富得流油的币。

When I first entered the market, I wanted to be able, and I was convinced, to find a currency, even “some” like bitcoin. Of course, what is referred to here as “bitcoin,” does not mean that it is technically the same tangent as bitcoin, but that it is as profitable as bitcoin that can enrich the owners.

因为本身不懂技术，实施上也还真的不关心它们有多牛X的革面性技术。想要的其实真的好简单，就是：被我找到的币子，一枚也可以卖它个十万八万的，而当我弄到了几十个，几百个，上千个这样的币子后，我的小日子也就可以过得人性一点就好！

Because you don't know the technology, and you don't really care how much they're made of. It's really easy to want: a coin that I found, and I can sell it for 180,000, and when I get dozens, hundreds, thousands of it, my life will be a little bit more humane.

币市两年的失“志”青年

Two years of lost youth in the currency market.

可，在进入币市混了两年后，就如同一个想钻在沙堆中寻觅金子颗粒的人一样，找也找了，寻也寻过。结果呢，像比特币一样具有财富效应的币没能够找到一个，而各种令自己投入资金大缩水的币却买到了一大堆。至此，灰头灰脸的投资者，不得不承认“沙堆中再没了像比特币那样的金子了”的事实。也正因为自己终究还是没能觅到哪个币子能够和比特币一样让我看到它在价格上可以对比特币实现过超越。于是，默默的告诉自己；要承认现实，比特币就是比特币，错过了比特币较早那段红利期之后才进入币市的人，想要再寻到一个像比特币一样能涨到那么高价格的币应该是不可能的了。

However, two years after entering the currency market, as a man who wanted to find gold particles in the sand, he searched and searched for it. As a result, a currency with a wealth effect, like Bitcoin, could not find one, while various coins that cost him a lot of money were bought. So, the grey-faced investor had to admit that “there is no gold like bitcoins in the sandbox.” And because he failed to find which currency I could see as much as bitcoins in the price as there was. So he told himself; to admit that Bitcoin was a bitcoin, and to be able to enter the market after missing the dividend period earlier, it would be impossible to find another currency that was as high as bitcoins.

笑谈YFI价格超越比特币

Laughing about the YFI price over bitcoin.

本来已经认定了上面的这个理，可哪曾料到，在DeFi大火的2020年的这个时期，币市里竟然就横空就蹦出了一个叫YFI的币子。气人的是，它的价格更不仅仅是1YFI=1BTC，而是超过了比特币，异军突起最高点到44000，甚至是比特币的历史之最2万刀的两倍有余了！而比特币呢，却还我在12000刀的位置下安逸的睡着大觉。币王啊币王，您老人家身价不如人了，您自己真不着急吗？

It's been decided that in the 2020 period of the DeFi fire, a currency called YFI pops out of nowhere. The price is more than 1YFI = 1BTC, it's more than Bitcoin, the height of the frenzy is more than 44,000, even twice the 20,000st blade in Bitcoin's history. And Bitcoin, I sleep at 12,000 blades. Do you really have no hurry?

其实，YFI价格超过比特币了，这也倒不是令我非生气不可的地方。令我真正生气的原因不多，也只有两点，一是YFI的出现，它又一次颠覆了我用长达两年时间，好不容易才建立起来的“非比特，无荣耀”币市观；

In fact, the YFI price exceeds bitcoin, which is not something that makes me angry. There are few reasons why I'm really angry, and there are only two points, one of which is the emergence of YFI, and which, once again, subverts the "non-bit, unhonourable" market view that I built for two years.

第二点，也是最关键的，这货涨那么高的价格，而我们却没得到半枚。YFI，站上了价格高峰之后，有人它取了个接地气的名头—姨夫。看到这个称呼后，我感觉很是辣眼睛，因为在我看来，它根本不像我们大家熟悉的那和蔼可亲的姨父，而是更有点像人们常说的“隔壁老王”的讨厌样！为啥这样说，你想，哪家的姨夫会不好好地照顾自己的侄儿侄女的！孙子言，为人之夫，当给人之糖果，此礼矣。在YFI这个币的价格经过短短数月就成功超越比特币后，圈内有人开始认“姨父”为币王了。他们为什么要这么做呢？很明显，这些人才是YFI的亲侄儿女呀！笑谈至此，本无恶意！接下来言归正传，一起简单探讨一下，YFI的成功的原因。

And the second, and most crucial, is that the price rises so high that we don't get half of it. YFI, after the price peak, someone took the name of the man who gave him the sweets. I feel so hot to see it, because, in my view, it wasn't like the sweetest uncle we all knew, but more like what they used to say about "the old king next door"! Why do you think the aunts don't take good care of their nephews and nieces?

YFI价格超越比特币原因

YFI's price exceeds bitcoin's cause

YFI的成功再一次验证了时势造英雄的道理。这个实际上也就是人们常说的天时、地利、人和中的天时问题。2020年这年是全球的一个灾难年，在灾难的作用下，全球经济显现出了许多较大的问题。为了解决这些问题，包括美国在内的各国央行不得不采取相应措施，而这些措施就如同吃药治病，药会伤人一样，又会让另外的问题出现。就在这个历史的特殊时期，defi项目就成了一种刚需。

In order to solve these problems, central banks, including the US, have to take corresponding measures, which, like taking medications, can hurt people, and cause other problems to arise. In this special period of history, the Defi project has become a necessity.

这种背景下，defi项目的吸引力自然就体现出来了。而当defi火了之后，同时期里最优秀的项目自然就能脱颖而出。所以，YFI的出现，应该来说，也属于是一件顺应天意的事。

In this context, the appeal of the Defi project naturally emerges. And when the defi fires, the best projects of the same time will naturally emerge. So, the YFI is, in fact, a natural thing to do.

这就如同2008年中本聪发布比特币白皮书正好是2008金融危机时一样。

This is just as Ben-Sweet released the White Paper Bitcoin in mid-2008 at the time of the 2008 financial crisis.

因为当时人们正面临着那一场危机，而中本聪比特币的白皮书的出现恰巧就让那些发现了危机中存在的问题，且希望能够找到解决问题的办法的有识之士们的关注。那些最早关注并认同比特币的人其实好多都是有身份的人，也正是有了那些人的存在，和他们的积极推动，比特币也才能够顺利发展的今天。

Because people were facing a crisis, and the emergence of the White Paper of China’s deaf bitcoin coincided with the attention of wise men who discovered problems in the crisis and hoped to find solutions to them. Many of the first people who cared about and agreed with Bitcoin were actually people of identity, and it was with their presence and their active push that Bitcoin would be able to develop today.

其次，YFI的成功与项目本身走的赛道与比特币非同质化也有着极其重大的关系。在币市，一个币子要想超越比特币，你就不能与比特币走同样的赛道。比特币作为一条公链，它自身有许多缺点，在它之后的许多项目就希望改进比特币的缺点从而成为真正的“比特币”。可到现在，又有哪个想改造比特币的项目能够牛过比特币？

Second, YFI’s success has an enormous bearing on the project’s own lack of homogeneity with bitcoin. In the currency market, if a coin is to go beyond bitcoin, you cannot follow bitcoin’s track. Bitcoin, as a public chain, has its own shortcomings, and many of the projects that follow it want to improve bitcoin’s shortcomings so that it becomes a true bitcoin.

还有，在YFI的成功中，它的币子总数量与比特币相比极其稀少也是它成功的一种重要原因。比特币总币量是2100万枚，YFI却只有3万枚。700比1的悬殊比例，使YFI在defi大火的今天占有了极其大的优势。因为它带给了每一个希望找到另外和比特币一样值钱的币的人无穷无尽的想象空间。

Also, in the success of YFI, its total number of coins is extremely scarce compared to that of Bitcoin, a major reason for its success. The total number of bitcoins is 21 million, while YFIs have only 30,000. The disparity of 700 to 1 has given YFI a great advantage today in the defi fire. It has given everyone who wants to find another currency worth as much as Bitcoin an infinite amount of imagination.

另外，YFI的持币较为集中，又是新币，车子自然轻得很。这种情况下，要想让币价飞起来，它就不是什么难事了，要的只是持仓大户们心里面愿不愿意的事了。“不是我能不能，而是我要不要，如果我要我就能；谁说我不能，我就要要！”这句话用来描述YFI的币价，不知是否合适？

Also, YFI's currency is more concentrated, and it's a new currency, and the car is naturally light. In this case, it's not so difficult to let the price fly, it's just something that the big man wants to do. “It's not me, but me, if I want it; who says I can't, I will!” The phrase is used to describe the price of YFI, is it not appropriate?

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