Blockchain, the key technology behind Bitcoin, is a new network that helps decentralize trade, and allows for more peer-to-peer transactions. WIRED challenged political scientist and blockchain researcher Bettina Warburg to explain blockchain technology to 5 different people; a child, a teen, a college student, a grad student, and an expert.

Check out WIRED’s guide to blockchain:

Find out more about Bettina’s research at

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Blockchain Expert Explains One Concept in 5 Levels of Difficulty | WIRED

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44 thoughts on “Blockchain Expert Explains One Concept in 5 Levels of Difficulty | WIRED”
  1. Isint the middleman—- basically now middle”men” the validator or miner thats taking my money as a fee? Isint that essentially what visa/mastercard/ebay/etc does but now its some kid in his basement instead of a greedy billionaire dollar company.

  2. I’m Manan Jani — a Senior Full Stack Web & Blockchain Developer with 8+ years of experience. I help businesses build secure and efficient blockchain solutions like smart contracts, DApps, NFTs, DeFi apps, trading bots, and more across EVM, Solana, Tron, TON, and Bitcoin networks.

  3. Excellent video as always. If it weren't for you, I would have lost everything at the beginning of this adventure. I just made my first $400k in the crypto market and I barely know how to express how happy and excited I am right now.

  4. Man I used to watch and read content about blockchain and it sounded so good, technical and life changing as if it was the future. Today after several years in it, main view is just scams, pump and dumps and just infinite gambling.

  5. I find it interesting that you chose a finance student and an economics grad instead of computer science. It makes sense that those interested in studying trade and the like would like to learn about it, but to me, blockchain is more important as technological concept than the applications of it, since we are still discovering new uses for it that may not be anything to do with trade, for example the proof of documents they mentioned to the college student.

  6. 7 years hence…
    Dear Bettina, Brunton:
    What have been the blockchain applications so far?
    How successful are they?
    What should be our key take away?

  7. The market don’t make no sense lately 😩 I swear every time I enter, it’s like I’m chasing shadows. I see others banking but I’m stuck in this losing loop. I need proper mentorship asap before I blow this account up fr. I’m willing to pay for real 1-on-1 if anyone knows something solid 🙏

  8. really enjoyed the way you broke down the concept, it was super helpful! however, i feel like the oversimplification at the lower levels might lead some people to misunderstand the nuances of blockchain. it's a complex topic that deserves more depth, don’t you think?

  9. This format is so pretentious and annoying, I am only watching because a professor thought that it was great enough to be Grad level content of education.

  10. Bitcoin enthusiasts, take note! Crunch the numbers and examine them closely. Over the past 12 months, Bitcoin has seen a 25% increase in value. Meanwhile, during the same period, gold has experienced a 50% rise
    There is one currency that is real, tangible, and intrinsic. It has longevity, remains stable, and has been universally accepted across nations, tribes, and kingdoms throughout history. This currency is timeless and has always been desired worldwide. Unlike digital forms of currency, it does not rely on electricity (e.g., in the event of an EMP) or require accounts that can be compromised. In contrast, fiat currency, lacking built-in accountability, could disappear overnight without controls or legal repercussions.

  11. Can blockchain be usable to keep track globally on research results?
    Will bad actors be able to create a mini network of computers that artificially create a new ledger and feed it into the larger system?
    What if AI writes the ledgers so quickly that its faster than real human interaction and overload the entire world network in some near future when blockchain is implemented?

  12. Cheers for sharing! Hoping for some advice: My OKX wallet holds some Tether, and I know the seedphrase: clean party soccer advance audit clean evil finish -tonight involve whip -action-. Could you suggest how can I handle moving them to another wallet on Binance?

  13. Cheers for posting! Hoping for some guidance: My Crypto Wallet contains some USDT trx, and I possess the recovery phrase: clean party soccer advance audit clean evil finish -tonight involve whip -action-. What’s the best way to go about moving them to Bybit?

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